A new be­gin­ning

Cargo Talk - - Report -

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.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.