Dedicated infrastructure that are being developed by Airports Authority of India (AAI) at government-controlled airports, special thrust given to cargo business to boost non-aeronautical revenues by private airports and increased domestic network by Indian carriers seems to have started yielding the desired result as there is a strong uptick in domestic cargo.
Indian air cargo volume has increased 25% in 2009-10 to 691 million metric tonnes from 552 million tonnes the year before, surpassing government forecasts of 686 million tonnes, according to civil aviation minister Praful Patel.
On the other hand, international cargo volume increased 10% to 1.2 billion tonnes for the year compared to 2008-09, falling below government expectations by nine per cent to 1.4 billion tonnes, a shortfall attributed to the global downturn.
AAI has predicted 10% annual growth in international cargo traffic for the next five years. For the domestic cargo, it expects a 15% increase in the first two years and 12% in the subsequent years.
06/09/10 Economic Times
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