Uplifting the industry
There has been a significant improvement in the Indian logistics industry. The government is taking several initiatives to cut logistics costs and to increase import and export with neighbouring countries. The centre is planning to build a mega trans-shipment hub near Tuticorin to lessen India's reliance on the Colombo and Singapore ports for handling cargo traffic. The three waterport hubs in Sahibganj, Haldia and Varanasi will bring down costs and facilitate trade with neight-bouring countries such as Bangladesh. Prime Minister Narendra Modi has recently laid down the foundation stone of JNPT's 7,900 crore fourth terminal.
And keeping the momentum going, the first-ever India Cargo Awards were also held in the month of October to recognise the efforts of the industry’s real runners.
ACAAI has also decided to discuss the contingencies associated with Prime Minister’s campaign ‘Make in India’ with the Vietnam fraternity. This will be a time for Indian logistics fraternity to discuss trade opportunities with Vietnamese counterparts. The rapid growth of Vietnam’s export-oriented manufacturing sector has boosted demand for logistics services. The industry is looking forward to the upcoming ACAAI annual convention this December.
On the industry front, companies dedicated to skill logistics sector are focusing on importance of drivers’ training and the diminishing interest in taking up driving as a profession. Ministry of Civil Aviation (MoCA) has also come up with first-ever one day Basic Cargo Awareness Programme with the help of industry stakeholders.
The fact that the government is serious about logistics industry is reflected in the initiative taken to impart skills and the idea of taking this one day basic cargo awareness programme to every terminal across the country.