Thursday, May 04, 2017

Air cargo sector to grow at 9%, says Ashok Gajapathi Raju

The country's air cargo sector is projected to grow at over 9% in the next few years, Civil Aviation Minister Ashok Gajapathi Raju said on Thursday.

Noting that various initiatives are being taken in the aviation sector, Raju said the regional connectivity scheme would help in continued growth of the air cargo sector.

The government has taken various policy initiatives including reducing the dwell time and pushing for paperless transactions to boost cargo sector, he added.

"Air cargo in India is expected to register 9% growth rate in the next few years" compared to half of this figure for global air cargo trade as a whole, Raju said.
04/05/17 PTI/DNA