
New Delhi – The Commerce Ministry is pitching for air cargo to ship products such as textiles, pharmaceuticals, electronics and perishables that rely on swift delivery as disruption in the Red Sea trade route has increased freight costs, two people aware of the development said.
“The government is considering measures to promote this segment, including tax incentives, rationalization of aviation turbine fuel prices, and infrastructure development for handling air cargo,” said one of the two people cited above requesting anonymity. “Expanding cargo capacity is also a priority. To reach our export target of $2 trillion . . .
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