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ASSOCHAM calls for separate air cargo policy

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The Associated Chambers of Commerce & Industry of India (ASSOCHAM) today called for a separate air cargo policy to tone up infrastructure, formulate regulatory framework and induct modern technology in the fast-growing industry.
 
At a meeting of the committee constituted to formulate the National Aviation Policy, the chamber said 200 freighter aircraft will be required in the next 20 years to meet the demand of air cargo industry.
 
It said the government should upgrade infrastructure, attract domestic investments and ease norms on foreign direct investments (FDI) so that the sector growing annually by eight per cent can raise freight traffic at airports from 23.5 lakh tonnes now to 70 lakh tonnes in the next ten years.

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