According to Vandana Singh, Director-Global Corporate Key Accounts Asia Pacific, Saudia Cargo, the Indian air cargo industry is currently one of the most competitive and growing markets in the sector.

The Air cargo market in India has witnessed steady growth despite the pandemic and how it impacted the economy,” says Satyaki Raghunath, Chief Strategy and Development Officer, Bangalore International Airport Ltd.

Aby George, Chief of Airport Services and Cargo, Air India Express, says, “The air cargo sector has just emerged from the COVID market and is poised to take off.

The digital innovations will facilitate global air freight movement, promoting a contactless air cargo environment and greater cross-border trade flexibility in the face of future pandemic threats.

The export tax on jet fuel or ATF stands unaltered at ₹5/litre. The last review was conducted on November 1.

As per Doha scientists, harmful bacteria have been found in shipments.

The new player is ambitious to deliver better than anyone else, especially between Indian & Gulf Markets.

V-Trans (India) has opened eight new branches in Varanasi, Sitapur, Noida, Secunderabad (UP), Delhi, Gurgaon, Ajmer, and Ratangarh.

As per sources, large Indian banks are hesitant to process direct rupee trade transactions with Russia, months after the mechanism was put in place, for fear of becoming the target of US and European sanctions.

As many as 13 firms, including MapMyIndia, CargoExchange, Freight Fox, Conmove, Intugine, Eikonatech, Yes Bank, Superprocure, CargoShakti, CloudStrats, Shyplite, APSEZL, and AITWA, have signed a non-disclosure agreement with the government to access data from the Unified Logistics Interface Platform (ULIP), as per the commerce and industry ministry.

The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the Prime Minister’s Development Initiative for the North East Region (PM-DevINE), a Rs. 6,600 crore scheme to support infrastructure, industries, and other livelihood projects in the Northeastern states.

The next annual budget will have to be carefully structured to maintain the country’s growth momentum, according to Finance Minister Nirmala Sitharaman, who also mentioned that it will address inflation concerns.