Bet­ter times ahead

Cargo Talk - - Report -

At the an­nual con­ven­tion of DACAAI, Dr Ma­hesh Sharma, Min­is­ter of State (In­de­pen­dent Charge) for Cul­ture, Tourism and MoS for Min­istry of Civil Avi­a­tion per­suaded the in­dus­try to work to­wards find­ing so­lu­tions to pend­ing is­sues of the air cargo in­dus­try. On the ship­ping front, the Min­istry of Ship­ping will soon is­sue a no­ti­fi­ca­tion to re­peal 13 old rules and has iden­ti­fied 97 rea­sons for which ship­ping com­pa­nies ap­proach the DG Ship­ping’s of­fice.The gov­ern­ment is also plan­ning to set up low cost Non-Ma­jor Ports be­cause of lack of berthing fa­cil­i­ties at ports. In­dia’s ware­hous­ing space has grown by 60 per cent in the past six months with the up­surge in e-commerce sec­tor which has caused rise in rentals. The mount­ing rentals made it nec­es­sary for us to speak with ex­perts and find so­lu­tions. The an­swer could lie in a well de­signed mod­ern ware­house and a lit­tle high rental cost can re­sult in low­er­ing to­tal ware­hous­ing cost.

CARGOTALK also gives a sneak peak of Gov­ern­ment of Andhra Pradesh’s de­ci­sion to build 10 new ports. Prime Min­is­ter Naren­dra Modi’s visit to the UAE has bright­ened the scope of trade be­tween the two na­tions. UAE ac­counts for over 50 per cent of In­dia’s ex­ports to the Mid­dle East. On the tech­nol­ogy front, an on­line cargo plat­form has been launched for the ex­porter com­mu­nity that can lessen the time of book­ing a con­sign­ment from five to six hours to few min­utes. The ini­tia­tive can bring a change in the in­dus­try. And on th­ese lines, each and ev­ery

Ed­i­tor sec­tor of the lo­gis­tics in­dus­try has been fo­cused upon by the gov­ern­ment which is a sign of tak­ing the in­dus­try to the in­ter­na­tional stan­dards.

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