56 new airports will become functional in the next few years, said Suresh Prabhu at Global Logistics Summit

The Union Minister for Commerce & Industry and Civil Aviation, Shri Suresh Prabhu, delivering the inaugural address at the Global Logistics Summit, in New Delhi Efficient logistics is critical for countries like India to harness trade and facilitate greater & faster integration with both the domestic as well as world economy. Keeping this in mind 56 new airports will become functional in the next few years, Union Minister for Commerce & Industry and Civil Aviation, Shri Suresh Prabhu said at the two days Global Logistics Summit being held in New Delhi. The Minister further said that by bringing all the stakeholders together it will create the right platform to improve logistics and connectivity which are vital for increasing intra-state and international trade flows. Indian logistics industry is estimated at around US $ 215 billion in 2019-20, growing at over 10 % annually. In the last decade or so, significant improvements in Railways, Roads, Highways, Inland ...