Indian belly freight feeding DLC growth

Dubai Logistics City, part of the world’s first truly integrated logistics and multi-modal transport platform within the giant Dubai World Central (DWC) urban aviation community being built in Jebel Ali, Dubai, will be looking at key prospects from India’s globalisation process, at Air Cargo India 2008 in Bombay, from 24-25 January.
India, which has been projected to be a world economic superpower by 2020 by analysts globally, as revealed that its exports will touch US$150 billion by 2008-09 – a significant opportunity for Dubai’s trading hub proposition.
“After the liberalisation of its economy in 1991, India followed with the opening up of its markets to global players and went on a fast track economic boom with an eight-nine per cent GDP growth per year,” said Michael Proffitt (above), chief executive officer, Dubai Logistics City.
“With 50 per cent of the world’s air cargo still being transported in the aircraft belly, India’s air cargo and aviation sector growth is linked to the Middle East’s economic boom,” said Abdulla Al Falasi, DWC’s director for marketing and corporate communications.
23/01/08 Air Cargo News.net, UK

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Categories: cargo Jan 2008, Foreign Jan 2008