‘Prioritizing air cargo in FTAs will boost India’s economic growth’

Keku Bomi Gazder, MD and CEO, Aviapro Logistic Services says, “Prioritizing air cargo in FTAs can streamline cross-border trade, boost economic activities, and help nations fully harness the benefits of international commerce. Prioritizing air cargo in FTAs can offer several advantages to India’s EXIM (Export-Import) trade, investments, and participation in global markets. India’s exports, especially in sectors like pharmaceuticals, textiles, and electronics, can benefit from quicker and more reliable transportation through air cargo. This can open new markets and increase export volumes. A robust air cargo infrastructure can make India more attractive to foreign investors looking to establish supply chains or manufacturing operations in the country. It enhances India’s position as a favourable investment destination. Participation in global value chains becomes more accessible when there’s efficient air cargo connectivity. Indian businesses can become integral parts of international production networks. Increased exports and foreign investments stimulated by prioritizing air cargo can contribute to economic growth, job creation, and overall prosperity. It enhances India’s competitiveness on the global stage by reducing logistics costs and lead times. Overall, prioritizing air cargo in FTAs can serve as a catalyst for India’s economic growth, boosting exports, attracting investments, and strengthening its position in the global marketplace.”