NSE · Source: SEBI
Skyways Air Services Limited is engaged in providing logistics services, primarily focusing on air freight forwarding. The company has expanded its international presence and service coverage, indicating a strategic approach to growth in the logistics sector. It operates in a competitive environment, relying heavily on third-party carriers for transportation.
The logistics sector in India is projected to grow significantly, driven by policy reforms and infrastructural investments. The air transport sector is crucial for high-value, time-sensitive cargo, with domestic air passenger traffic and air cargo volumes expected to increase. The overall logistics industry is anticipated to grow from USD 215 billion in 2021 to USD 357 billion by FY2026.