A forum on innovation and disruption
The Air Cargo Forum India (ACFI) recently held an interactive summit that focused on how technology is transforming the air cargo industry. The event saw deliberations through a mix of plenary sessions on innovation in the sector.
The summit was inaugurated by Jayant Sinha, Minister of State for Civil Aviation (MoCA), Government of India, followed by Vandana Aggarwal, Economic Adviser, MoCA, Binoy Kumar, Special Secretary Logistics, Ministry of Commerce & Industry along with the industry veterans.
The event saw deliberations through a mix of plenary sessions for a better understanding of the complex forces in the field of innovation for air cagro. Sinha discussed how Indian aviation is innovating in cargo transportation technology to become the next global aviation hotspot. According to him, the industry has huge potential and under the leadership and vision of industry experts with the government ably partnering in the process, the industry will certainly achieve the set milestones. Agarwal says, “Among the torrent of technology, whether it is artificial intelligence, I have told that around 40,000 applications are being brought out in the travel sector alone. The questions remain, what are we doing in the air cargo sector? It is crucial to understand; are we keeping pace with the technology or lagging behind it?”
Tushar K. Jani, President, ACFI, said, “The logistics industry is working on three pillars; Internet of Things (IoT), artificial intelligence and robotics. With IoT, India has done quite a bit and will continue to do better because the penetration of smart phones and internet is going to be highest in India. The industry, that is airports, CHAs, forwarders, express companies, carriers, etc, is now tuned to the IoT. Moreover, as far as IoT is concerned we are looking for more innovation; most of us has mobile applications to keep a track of their parcel.
Secondly, artificial intelligence is going to transform the well-being of the entire world. Third is robotics, where express companies have taken a lead in terms of automatic sorting.”
He adds, “The government is running faster than all of us on digitalisation and technology. It is up to us now, how we can collaborate with the government, work with them and bring in the concept of innovation and disruption in air cargo. With disruption, I mean, challenging the innovation scheme and knowledge.”