This document summarizes information presented by Mr. Pankaj Shah on the freight forwarding industry in India. It discusses how the Indian economy was less impacted by the global financial crisis due to a strong banking sector and large foreign exchange reserves. While exports and imports declined, the nation's GDP still grew by 6.7% in 2008-2009. The freight forwarding industry was primarily affected in sectors like IT, gems and jewelry, and textiles. The government has supported infrastructure development in transportation and logistics to simplify operations and regulations.