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The vast majority of these funds are going into expanding its facilities at Delhi and Mumbai airports, for each to handle more than 500 tonnes a day as the company gears up to cater for increased volumes of e-commerce traffic, with the global cross-border trade in e-commerce goods expected to pass the $1trn threshold by 2020. India, its current cash crisis notwithstanding, is expected to be at the forefront of that growth.
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Alex Lennane
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