News / India's air cargo industry slows as sector calls for tax and infrastructure reform

© Denys Hedrovych

Air cargo trade out of India is navigating demand shocks from the US and Europe, while it is also facing domestic challenges, in the form of taxes and poor infrastructure.

But Indian players generally believe the downturn is short-lived and a resurgence of volumes is near, as the emerging market is poised to expand. According to data released by the Airport Authority of India (AAI), international air freight volumes in/out of the country for fiscal year 2022-23 slipped 5% year-on-year to ...