New Delhi: The e-retail industry led by the likes of Amazon and Flipkart has brought about a major disruption in the domestic cargo sector with an expected contribution of about Rs 5,000 crore this fiscal, of which the air cargo segment would garner around Rs 1,000 crore, a report said.
The Express Industry Report 2018 released last week said the e-commerce players have challenged the traditional express operations and unlocked many opportunities by providing newer avenues for value addition.
The Rs 17,000 crore domestic express industry, comprising shipments transported and delivered within the country by road and air, is currently growing at 15 per cent, with the e-retailers being a key driver of growth, the report said.
Air cargo express, which contributes Rs 5,000 crore to the domestic industry, will continue to reap dividends from the healthy growth of e-commerce players even as the e-retailer players are increasingly looking at surface transport for delivery of goods and products, the report said.
The e-retail industry is estimated to contribute close to Rs 4,000 crore to domestic surface express and close to Rs 1,000 crore to domestic air express during this fiscal, the report said.
Talking to , COO of Express Industry Council of India, Vijay Kumar favoured re-evaluation of the government policy to allow the domestic cargo airlines to offer international operations, thus wooing more players into the air cargo business. At present, the notable player in the domestic air cargo airlines is Blue Dart Express.
16/04/18 Gadgets Now
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The Express Industry Report 2018 released last week said the e-commerce players have challenged the traditional express operations and unlocked many opportunities by providing newer avenues for value addition.
The Rs 17,000 crore domestic express industry, comprising shipments transported and delivered within the country by road and air, is currently growing at 15 per cent, with the e-retailers being a key driver of growth, the report said.
Air cargo express, which contributes Rs 5,000 crore to the domestic industry, will continue to reap dividends from the healthy growth of e-commerce players even as the e-retailer players are increasingly looking at surface transport for delivery of goods and products, the report said.
The e-retail industry is estimated to contribute close to Rs 4,000 crore to domestic surface express and close to Rs 1,000 crore to domestic air express during this fiscal, the report said.
Talking to , COO of Express Industry Council of India, Vijay Kumar favoured re-evaluation of the government policy to allow the domestic cargo airlines to offer international operations, thus wooing more players into the air cargo business. At present, the notable player in the domestic air cargo airlines is Blue Dart Express.
16/04/18 Gadgets Now
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