Delhi taking the lion's share of India's new air cargo capacity
Increased demand for airfreight out of India has seen global capacity from the subcontinent rise ...
AMZN: WIZARD OF OZR: CAPITAL DEPLOYMENTBA: CRISIS DEEPENSGXO: UPSIDEJBHT: EARNINGS SEASON KICK-OFFAMZN: EUROPEAN REVERSE LOGISTICS GXO: NEW HIGHSCHRW: CATCHING UPBA: TROUBLE DHL: GREEN GOALVW: NEGATIVE OUTLOOKSTLA: MANAGEMENT SHAKE-UPTSLA: NOT ENOUGHBA: NEW LOW AS TENSION BUILDSGXO: SURGING
AMZN: WIZARD OF OZR: CAPITAL DEPLOYMENTBA: CRISIS DEEPENSGXO: UPSIDEJBHT: EARNINGS SEASON KICK-OFFAMZN: EUROPEAN REVERSE LOGISTICS GXO: NEW HIGHSCHRW: CATCHING UPBA: TROUBLE DHL: GREEN GOALVW: NEGATIVE OUTLOOKSTLA: MANAGEMENT SHAKE-UPTSLA: NOT ENOUGHBA: NEW LOW AS TENSION BUILDSGXO: SURGING
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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