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Airfreight – The future of Air freight in India amongst & China ‘Plus One Strategy’
Airfreight, also known as air cargo, refers to transporting goods by aircraft. It is a critical component of global trade, allowing for the swift and efficient movement of goods across long distances. In recent years, the air freight industry has experienced significant growth, driven by factors such as increasing global trade, e-commerce, and the just-in-time delivery needs of industries like technology and pharmaceuticals.
In India, the air freight industry has been growing at a steady pace in recent years. However, the pandemic had a significant impact on the industry, with a decline in demand for air cargo services in the early stages of the outbreak. Despite this, the Indian government has been trying to revive the air freight sector, including providing financial assistance to airlines and implementing measures to boost exports.
One technique proposed to improve India’s air freight industry is the “China plus one” strategy. By reducing reliance on China for imports and exports, the policy tries to diversify India’s trading ties. The goal is to develop alternative supply chains and markets and to enhance commerce with Southeast Asian and American countries. It may also increase demand for air freight services between India and several other countries.
Growth of air freight in India
One of the reasons for the increase in air freight traffic is the growing e-commerce market in India. With more and more people turning to online shopping, the demand for fast and efficient delivery options has also increased. Air freight is the most efficient way to transport goods over long distances, and as a result, it has become an increasingly popular option for e-commerce businesses.
Aside from e-commerce, the growing demand for air freight is driven by the expansion of the Indian industrial sector. As more companies set up manufacturing operations in India, the need for efficient logistics solutions to transport goods both within and outside the country has increased. In recent years, air freight traffic in India has increased, and with the impending dedicated air freight ports in Jewar, Delhi, Jaipur, and Hissar, it is clear that the government is taking the proper steps.
The upcoming dedicated air freight terminals in Jewar, Delhi, Jaipur, and Hissar are a positive step towards addressing the growing demand for air cargo transportation in India. These terminals will provide the necessary infrastructure and facilities to handle the increased volume of air freight traffic and also help streamline logistics operations, making it easier and more efficient for businesses to transport goods.
In conclusion,
The air freight industry is expected to continue growing in the coming years, driven by factors like global trade, e-commerce, and the increasing demand for just-in-time delivery. The upcoming dedicated air freight terminals in Jewar, Delhi, Jaipur, and Hissar are a step in the right direction. However, there are still challenges to be addressed, particularly in infrastructure and facilities at airports, to ensure that the increase in air freight traffic can be handled effectively and efficiently.