Persistence of high India to Europe air cargo rates expected
NewsIn addition to the Red Sea conflict, recent economic indicators suggest underlying demand growth, particularly in India’s production and export orders.
Four Indian states – Andhra Pradesh, Kerala, Tamil Nadu and Gujarat – have approached the central government with proposals to invest at least Rs100B (US$2B) to develop ports, signalling an end to the standstill in the sector that has been dogged by environmental and security concerns.
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