India is framing a single logistics law for all freight transportation modes to eliminate the duplication of processes and streamline the procedural requirements, said the Union Minister for Road Transport and Highways, Mr. Nitin Gadkari. The minister also encouraged the PPP (Public Private Partnership) model for developing air cargo infrastructure in the country.
While stating that India’s logistic cost is currently around 14% of gross domestic product (GDP), and should be reduced to 8 percent. He added that the air cargo share is significantly low in the domestic aviation market and is loaded with challenges. The country is equipped with a huge flight capacity, appropriate measures need to be taken to improve it.
While addressing the 12th DACAAI AGM, Mr. Gadkari said that transportation in the true sense is facilitating multi-modal connectivity. He was sharing various measures to improve transportation and said that biofuels can be used as aviation fuels as ATF or aviation turbine fuel is exorbitant.