The Union Budget 2024, presented  by the Finance Minister Nirmala Sitharaman, plays a pivotal role in steering the logistics sector towards resilience and transparency through innovative solutions and streamlined regulations. Satish Lakkaraju, Global Head – Air Freight & Pharma, WIZ Freight welcomes the budget for the logistics industry, He said, “Implementation of 3 railways corridors programs under PM Gati Shakti will be of interest to the aviation industry.”

“Some of the important aspects that are relevant in the Budget 2024 and that will be of interest to the Aviation industry is the implementation of three major railways corridor programmes under PM Gati Shakti to improve logistics efficiency and reduce cost. This is very relevant and critical at this point of time for the country,” said Satish Lakkaraju.    

“The Expansion of existing airports and comprehensive development of new airports under UDAN scheme. The growth of India is highly dependent on connectivity and so more airports will be of great importance,” he added.