A new beginning
Even as 2015 ended on a low note, the logistics industry is optimistic about 2016 with some visible signs of recovery in international business. Despite the initiatives taken by the government for the much neglected cargo sector, the global slowdown has had its impact on the industry. There have been highs and lows. While exports did take a backseat, domestic cargo kept the momentum going. The cargo fraternity has gone through its own hits and misses.
In 2015, a number of companies came up with innovative technologies, albeit cautiously. Round the year, we found some interesting changes. The initiatves with ease of doing business and Make in India set the tone of 2015. But what the industry is looking forward to is implementation of GST. We bring you a sneak peek of the emerging trends and the industry’s hopes and aspirations for the coming year.
There are hopes for more Air Freight Stations to reduce congestion at airports and policies and more initiatives for cargo sector in the draft of Civil Aviation Policy. On the shipping front as well, government signed pacts with the neighbouring countries to enhance coastal movement and reduce costs. And there are talks of revoking old laws which are not suitable for current times. Waterways need to be developed to make transportation easier. There are many plans on the way and many schemes have been announced.
On the skills front, the government has taken initiatives to impart skills to the logistics workforce. India needs to upgrade skills to meet the requirements of the industry.
On the other front, delegates from the Air Cargo Agents Association of India (ACAAI) came back on a buoyant note from the 42nd annual convention in Vietnam with the objective of enhancing bilateral trade between the countries.
So, with all the groundwork done in 2015, the industry is all geared for strong action in 2016 and is eagerly waiting for the railway budget.