After negative growth in 2022-23, air cargo volumes grew 18% year-on-year from October 2023 to March 2024 and 20% year-on-year from April 2024 to August 2024.
With the ongoing conflict at the Red Sea, India needs to take a long-term view of the PLI scheme and its ambition to emerge as a hub of shipping containers.
Massive demand and ultra-cold temperatures needed to store vaccines present an unprecedented logistical challenge, but these companies think they’re in good shape to tackle it.
With hundreds of those jets parked in deserts waiting out the pandemic, airfreight costs have spiraled: rates to North America from Hong Kong are up almost 70% from early January.
One analyst noted that Trump’s tariff on India signals a clear shift from Washington’s earlier view of New Delhi as a friendly partner to a strategic adversary.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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