News / Dramatic rise in air cargo rates as India braces for G20 and e-commerce push

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After battling weakening demand conditions over the past year, Indian airfreight forwarders are seeing some uptick in volumes and rates – but supply disruption, particularly during the G20 summit, could dim optimism.

According to market sources, resurgent e-commerce shipping and seasonal holiday sourcing from the US and the EU have boosted the industry, albeit moderately.

“The overall market scenario is a bit more positive than the recent lows,” Joy John, director of sea and air freight at Mumbai-based Jet Freight Logistics (JFL), told The Loadstar.

Mr ...