Mumbai - The overall air cargo volumes are likely to witness growth of around 9-11 percent YoY to around 3.6-3.7 million tonnes in FY2025, supported by 11-13 percent expansion in international and four-six percent growth in domestic cargo.

The international cargo volumes have seen a muted YoY rise of one percent in H1FY2024 on the back of the slowdown in the global economy and geo-political conflicts, according to the latest update from rating agency ICRA. “However, the international cargo volumes have seen a healthy expansion of 18 percent in . . .