Driven by some specific key factors such as low-cost carriers (LCCs), state-of-the-art airports, helipads and recent foreign direct investment (FDI) in airlines, information technology (IT) applications, the Heavy Cargo Transportation Services in India have literally scaled newer heights.
At present, India is the 10th largest player in international civil aviation market, and its size is approximated to be 16 billion US dollars by the end of the year 2018. Tony Tyler, the DG and CEO of International Air Transport Association (IATA) is said to have observed that the principal focus of the aviation world has been on Indian market in the recent past.
As dominant providers of heavy cargo solutions in India, these heavy cargo service companies have always been playing a decisive role in transporting Indian Space Research Organisation (ISRO) Satellites from India to the launch-point. These solutions providers were also effectively instrumental in ferrying a large number of Dhruv helicopters too.
According to the recent statistics, till August 2016, the total freight carriers rose by 6.7 per cent on yearly basis to 333,770 tonnes vis-à-vis 599,480 tonnes in January 2015. So, the global freight traffic in the country has witnessed higher level of growth (9.2 per cent) in comparison to domesticated heavy fright movement (3.9 per cent). When needed, these companies also provide military cargo service in India contributing to the defense of the country.
In the domestic flight passenger segment, the traffic in the third quarter of 2016 elevated by 20.4 per cent reaching the magical figure of 20.3 million. This was against 18 million in the corresponding time span of the year 2015. The total number of air passengers transported in June 2016 increased by 15% on yearly basis to 9.9 million from 8.8 million in June 2015. As on June, 2015, the domestic and international traffic in India arose by 6.4% and 16% respectively.