Hopes pinned on growth

The recently announced Union Budget by Finance Minister Arun Jaitley, laid emphasis to push infrastructure development for the logistics industry. Announcements like the allocation of `600

crore for the Sagarmala project, railways to implement end-to-end integrated commodity transport solutions for freight customers through partnership with logistics players and taking up airports in Tier-II cities for operations and maintenance through the PPP mode, has built up the hopes of the industry indicating that the Budget is growth oriented.

On the aviation front, the Mumbai airport became the first Indian airport to get onboard a community approach for IATA’s Centre of Excellence for Independent Validators (CEIV) Pharma certification. Earlier this year, the Ministry of Civil Aviation took a big step, to set up an Air Cargo Community System (ACCS) for the air freight sector. However, there were mixed opinion from the industry experts on how this system would help accelerate the overall process.

On the maritime front, the shipping lines and ports are adopting technologies to cut the collection of hard copies and simplify the custom process, making the whole process effortless, speedy, and efficient for the stakeholders.

With the International Women’s Day, around the corner, CARGOTALK helps bring forth the challenges that women face in this industry/sector and how they should be encouraged to join the freight fraternity.

The growing interest of start-ups investing in logistics sector is helping the industry to adopt a more efficient business model and is helping it move in the right direction. Startups in India have unraveled challenges like intermodal connect and document automation, to name a few, and have helped build solutions for it thoroughly.