Boeing forecasts massive growth in Indian e-commerce volumes

In its world air cargo forecast, Boeing has forecasted that India’s air cargo market is set to grow four times over the next two decades, with a strong contribution from e-commerce volumes. It is also estimated that the freight flows between South Asia and Europe will grow two times over the next two decades whereas the flows between South Asia and East Asia is likely to surge four times during the same period. “Although still relatively small in volume compared to established e-commerce markets like China, the US, or the EU, Indian e-commerce volumes are growing faster than almost anywhere else, at more than 25 per cent per year,” an official statement from Boeing stated.