Air cargo industry targets 10 MT by 2030

India has set an ambitious target for air cargo expansion to 10 million tonnes by 2030, a big jump from the current 3.5 m tonnes or so. Expectations of faster growth in India’s economy generated an upbeat mood at this year’s Air Cargo India (ACI), a three-day conference that was held in Mumbai. At a panel session focusing on this very topic, the speakers agreed that India had a significant chance of hitting that target even earlier. According to them, over the next five years, India would have about 50 freighters operating, up from some 16 at present. Air India, the Tata Group-owned carrier, last year inked deals to acquire some 470 Airbus and Boeing aircraft, which would, it estimated, quadruple belly cargo capacity at full-scale operations, as per a report.