India formulating single logistics law for all transportation modes

Air cargo’s share is quite low in the domestic aviation market, with several challenges, he said.

As the country has huge flight capacity, utilisation should be improved through appropriate measures, he added.

"This system will facilitate multi-modal transportation in the true sense," Gadkari told the 12th annual general meeting of the Domestic Air Cargo Agents Association (DACAAI).

As the country’s logistics cost is around 14 per cent of its gross domestic product (GDP), Gadkari said the government aims at reducing this figure to 8 per cent, a news agency reported.

Bio-fuels can be used as aviation fuel as aviation turbine fuel (ATF) is expensive, Gadkari added.

Fibre2Fashion News Desk (DS)