Un­tapped po­ten­tial

Cargo Talk - - Reaserch -

I ndia has vast po­ten­tial in the civil avi­a­tion sec­tor, and is pro­jected to be the world’s third largest avi­a­tion mar­ket by 2020. Re­cent re­search stud­ies ranked In­dia as the sec­ond­fastest air cargo mar­ket after the Mid­dle East. We have seen a pretty de­cent growth in cargo this year.

After tak­ing into con­sid­er­a­tion the vol­ume of cargo han­dled by Air In­dia and Indigo Air­lines, the civil avi­a­tion min­istry has also shown in­ter­est in set­ting up a cargo hub at the Biju Pat­naik In­ter­na­tional Air­port; the cen­tre might have a fa­cil­ity of cold stor­age in fu­ture.

On the na­tional front, the ‘Make in In­dia’ cam­paign has also much to give to the in­dus­try if mea­sures can be taken ac­cord­ing to the re­quire­ments of the lo­gis­tics in­dus­try.

On the other hand, there is the de­mand of the cargo and lo­gis­tics sec­tor to be up­graded to an in­dus­try sta­tus. This has been a long-awaited plea of the cargo en­trepreneurs, to have a plat­form to air their wor­ries and woes.

On the port sec­tor, the In­dian gov­ern­ment has evinced an in­ter­est in the de­vel­op­ment of Iran’s Chaba­har Port. The Union Gov­ern­ment has set up a cell to speed work and mon­i­tor the set­ting up of the Chah­ba­har Port in Iran. This will open up flood­gates to many business op­por­tu­ni­ties in Iran.

In fact, the rate of open­ing up of In­land Con­tainer De­pots (ICDs) has been aug­mented. More com­pa­nies are en­ter­ing the ICD seg­ment, which is a sig­nif­i­cant step to­ward build­ing in­te­grated lo­gis­tics ca­pa­bil­i­ties.

And con­tem­plat­ing on th­ese lines, it would be a wel­come mo­ment when the gov­ern­ment ad­dresses chal­lenges and boosts the lo­gis­tics and cargo in­dus­try to in­ter­na­tional stan­dards.

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