Saturday, October 20, 2018

Air cargo industry must grow 12.9% annually to achieve aviation policy target: Report

New Delhi: India's cargo industry needs to grow at about 12.9 per cent every year to achieve the National Civil Aviation Policy vision of reaching 10 million tonnes (MT) cargo volume by 2027, says a report.
"There is an urgent need to uplift Indian cargo market to achieve the overall vision of the aviation ministry," observed the joint study by Assocham and consultancy firm Auctus Advisors.

The report suggested implementing a rating system for cargo terminals in-line with ASQ (Airport Service Quality) ratings at passenger terminal to motivate operators to improve infrastructure and provide superior quality of services.

"The Indian cargo industry needs to grow at a rate of about 12.9 per cent every year from 2018 to 2027 to achieve National Civil Aviation Policy (NCAP 2016) vision of reaching cargo volumes of 10 million tonnes (MT) by 2027," it said.

The report noted that there is an urgent need for creating adequate freight carrying capacity within Indian air network through creation of new cargo terminals and expansion of the existing ones, besides undertaking pro-active measures to identify tier-2 and tier-3 cities for setting up common user domestic cargo terminal (CUDCT).

The study suggested introducing a separate comprehensive air cargo policy to reduce bottlenecks in freight movement.
20/10/18 PTI/Times of India

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