The much awaited Civil Aviation Policy is finally out and cargo has not been ignored this time. The Government has mentioned a number of laws and standards to boost the cargo business of the country. Air Cargo Logistics Promotion Board (ACLPB) will recommend norms for space allocation for air cargo, including express cargo for all Greenfield airports.
Considering the e-commerce boom and air freight, express cargo has given the required acknowledgment in the air cargo sector. Customs is also working on the many issues–be it extending the single window system to exports or to avoid human interference from the system, to name a few. This is a great initiative for the cargo industry. But a lot has to be done to make it a success.
The industry has seen a great deal of activity, especially as e-commerce picks up pace, but it is still highly fragmented. Hence, startups are playing a good role by optimising delivery networks and other services. In this issue, we focused on why startups are coming in such a big way to the logistics sector. What opportunities do they foresee in logistics?
On the railway front, first time-tabled container train named ‘Cargo Express’ was launched by Suresh Prabhu, Railway Minister, Government of India. The Government has planned to reduce the turn-around time by almost half.
In order to create interest of the students in the subject, the industry is also doing its best by taking students to the facility and making them understand the subject so as to produce more professionals.
With the collective efforts of the industry and the government, the growth of the industry is crystal clear.