In its latest move, the government plans to place Container Freight Stations (CFSs) at the centre of the entire planning process. Though the concept of delivering containers directly to port through the Direct Port Delivery (DPD) scheme that was implemented in 2008 gained much appreciation, this recent announcement to return to the CFS model may be a game changer. In our cover story, we try and understand the reasons behind both moves.
Increasing demand from sectors such as e-commerce, fast-moving consumer goods, etc., along with the need for larger sized warehouses has opened up the segment for more organised and institutional players. In our ‘Opinion’ section, we explore the trajectory of the warehousing industry.
In India, logistics start-ups have gained a foothold primarily after the onset of the e-commerce industry. In the ‘Award Talk’ section, India Cargo Award winners provide their point of view on how suitable the country’s environment is for start-ups. On the maritime front, the government is working towards building relationships with neighbouring countries. Ports are now utilising the latest technologies to make the cargo clearance process an effortless, speedy, and efficient one. An ICRA report also shows that growth in cargo throughput has been strongly supported by a jump of 19.9 per cent in coal volumes and an 8.7 per cent growth in container volumes.
A recent study, jointly conducted by ASSOCHAM and Auctus Advisors, suggests that the Indian air cargo industry needs to grow at a rate of 12.9 per cent every year from 2018 to 2027 to achieve National Civil Aviation Policy’s vision of reaching cargo volumes of 10 million tonnes (MT) by 2027.
Associations are constantly working out procedures that benefit the industry, be it increasing efficiency or reducing cost and dwell time of the cargo movement. Both government and industry are looking into the intricacies of the sector so as to stand on a par with international standards.
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