The global logistics industry was valued at US$3.5 trillion in 2005, whereas US logistics industry size was around US$900 billion, 25% of the global logistics industry. Logistics cost in India is estimated to be around 13% of the GDP, which is US$94 billion in 2005-06.India’s spending on logistics industry is much higher than the developed economies like the US (9.5%) and Japan (10.5%).
Air transport sector contributes over 0.2% to the country’s GDP at constant prices (1999-2000 prices). Transport sector’s contribution to the GDP has been growing rapidly, mostly because of the high on export of gems and jewellery, special chemicals and high-value pharmaceuticals.
Domestic air cargo traffic has been growing at CAGR of 12.80% from 2001-02 to 2006-07, whereas international air cargo traffic has been moving at CAGR of 13% during the same period. During 2006-07, total air cargo traffic is estimated to be over 1.56m tonnes against 1.4m tonnes during 2005-06, registering a growth rate of 14.65%.According to the Planning Commission, India’s air cargo movements would grow at over CAGR of 11.5% from 2007-08 to 2011-12.
SCOPE OF THE REPORT
- The report covers the overview of Indian logistics industry, market size, cost components, overview of air transport system in India,
- Air cargo traffic trends, growth drivers, demand- supply scenario, technology and innovation, and future outlook of the global as well as Indian air cargo industry.
- In addition, the report also includes profiles of four major players in the sector.
- .Detailed analysis of Component & Cost structure of Global Logistics and Indian logistics market. This report talks about growth drivers and their effected factors.
- This report gives a detailed view of aviation industry intermediaries and support service providers. Government initiatives, schemes, regulations, issues, challenges & market dynamics.
Beneficial For
- Industry analysts,
- Airline companies,
- Banks & financial institutions,
- Educational Institutions
- Investor consultants,
- Logistics companies & freight forwarders.
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