Lufthansa Cargo: Connecting India
In a pursuit to connect the Indian air cargo market with the world, Veli Polat, Regional Director - South Asia & Middle East, Lufthansa Cargo, feels the Indian market is full of opportunity and will definitely fly through in the coming years.
What has been the trend in respectively for Asia Pacific-North America sector. The freighter services for Asia Pacific to Europe accounted for 73 per cent while belly services were 27 per cent respectively. Freighter services will continue to play a major role for Lufthansa Cargo in the near future. We also hope to increase the proportion of belly services for the Asia Pacific-North America sector to 33 per cent and 38 per cent for the Asia Pacific-Europe sector by the year 2025. Which Indian cities are covered and 2016-17?
The Indian cities that are covered by us are Mumbai, Hyderabad, Bangalore, Delhi, Chennai and Pune. We are looking to expanding our network across India. We do expect the Indian export market to grow steadily in 2016-2017 which reflects the predicted GDP growth of the nation. How has the Indian the group? Indian air freight market is one of the emerging markets in the world. We have witnessed a 13 per cent growth from 2013-2014 whereas from 20142015 it was around 8 per cent. Digitisation is the need of the hour as it will change the processes and structures in our market with emphasis on implementing e-Airway Bill and online booking. The ‘Make in India’ initiative promises to boost freighter movement in the Indian market. Lufthansa Cargo is a strong supporter of the Indian air freight market and it is our mission to connect Indian air cargo market to the world. Would you like to comment on operations in the country?
Resurgence of air freight in India will need to start on the ground with a comprehensive air cargo future programme. We need to look at advancement in infrastructure, fleet network, new IT-landscape, cargo hubs and sustainable growth in operations with a standardisation in quality of cargo to bring improvements in the current state of air cargo operations. Which are the top markets cargo
The European market is a vital market for Lufthansa Cargo with Frankfurt as the centre of European freight. Frankfurt Airport (FRA) has the highest tonnage of exported air freight. North America, Asia Pacific and Africa are our key markets.
The Indian air cargo industry has been making advancements in the common-user cargo terminal development and management at airports
What are the vital trends in the Indian air cargo industry?
The global market is focusing on India and is eyeing it as a viable market for future cargo growth. Rising local demand, improved connectivity and infrastructure are one of the key factors for growth of Indian air cargo industry. The Indian government’s FDI policies have been quite favourable towards private foreign participants entering the market.
The Indian air cargo industry has been making advancements in the common-user cargo terminal development and management at airports, domestic air cargo carrier services, commercial and passenger cargo handling at airports, and perishable cargo storage facilities development and operation. The cargo growth has generally been low but the Indian market is full of opportunities and it is poised that Indian air cargo industry will soar through in the coming years and become a catalyst for the country’s overall growth and development.