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Airfreight Rates Climb as India’s Exports Soar

Demand for air charters and freighters is surging from Mumbai, Delhi, Chennai, Dhaka, Colombo, and Karachi to the U.S. and Europe. Rates on major trade lanes have increased by 10% to 15% week over week.
India’s pharmaceutical exports to the U.S.—which represent over one-third of total exports, are seeing potential tariff increases, potentially impacting future trade dynamics.

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