Thursday, February 06, 2014

E-commerce biz to boost air-cargo movement

Mumbai: With an increasing number of Indians making purchases online, the air cargo business linked to e-commerce is growing fast. It is likely to clock a much faster growth in coming years, say industry experts.
Oliver Evans, chairman, The International Air Cargo Association (TIACA) and chief cargo officer, Swiss International Air Lines, said, during a panel discussion on aircargo in Mumbai, that the e-commerce segment has a huge potential. “As shopping on internet expands, it will speed up demand and that will contribute towards positive movements in the air cargo business.”
As per Internet & Mobile Association of India (IAMAI) data, e-commerce in India is growing at a healthy pace. As on December 2013, the industry is pegged at Rs 62,967 crore and is seeing a healthy double-digit growth every month. There are around 69 million Indians who are visiting online sites while the actual transactions are much less at 14 million.
05/02/14 Soumonty Kanungo/mydigitalfc.com
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