‘Make in India will boost India’s cargo share in global market’

Pradeep Panicker, CEO, GHIAL says, “Manufacturing companies are focusing on the China +1 strategy and India’s ‘Make in India’ will be an opportunity to increase its shares of global manufacturing especially technology-related manufacturing by friendly countries. This will immensely benefit the air cargo business in India. New policies and initiatives being implemented by the Government aim to enhance competitiveness, streamline procedures, provide financial assistance, and expand market access for Indian exporters. Export Promotion Schemes, Make-In-India Initiatives, Foreign Trade Policies such as Free trade agreements (FTAs) & preferential trade agreements (PTAs), Single Window Interface for Facilitating Trade (SWIFT), and Export promotion councils are trying to support and promote Indian exports.”