India Freight Set to Grow
The freight industry in India is expected to grow this year, even though it is hampered by lack of investment in infrastructure. A recently published report suggests that the volume of cargo in airfreight will grow by 8.4%, while rail freight growth will be slightly slower. It is thought that freight traffic overall will grow at a slightly slower rate than GDP. Volumes through the Port of Jawaharlal Nehru is expected to rise by 15.6%.