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cover story | Indian air cargo India carves the path forSteady Growth India has made some positive initiatives to achieve the dream of becoming an air cargo hub. Indian aviation industry is witnessing a historic growth in terms of volumes while adopting worlds’ best practices. Stakeholders predict digitisation, systems integration and automation, and capacity building as key drivers for long term growth. While airport infrastructure is set to grow manifold, it is its pace that will determine the success. Nahida Jafferi 4 APR - JUN <strong>2018</strong> | www.acaainews.com
It continues to loom large on India that it is the only country of this size that does not have a logistics hub. Predicted to be the world’s fifth largest exporter by 2030, India is far behind its Asian counter parts when it comes to building transshipment hubs. United Arab Emirates' (UAE) quality of overall transport infrastructure is ranked third best in the world. Singapore Changi Airport that provides consultation and training to other airports in the world, has been ranked the best airport for six consecutive years. Airport Authority of India and Changi Airports International (CAI) called off collaboration to design, develop and maintain Ahmedabad and Jaipur airports, because both parties could not agree on the commercial terms. Singapore Airports Terminal Services Limited that holds 80 percent in Changi Airport’s cargo handling and catering business, has a 50:50 joint venture with Air India, to offer world class facilities and services at international airports in India like Bengaluru, Delhi, Hyderabad, Mangalore and Trivandrum. Having said that, adoption of innovation and technology along with substantial infrastructure investments are coming at the right time in the Indian airports sector. India is taking steps in the right direction. As aviation in India grows, India is on the verge of expanding connectivity by establishing 100 airports in the next 15 years at an investment of Rs 4 lakh crore. Kapil Kaul, CEO of Centre for Asia Pacific Aviation (CAPA), pointed out that Indian airport capacity shortages have reached a near crisis situation, as planning for additional capacity has remained unaddressed for the past 10 years. India has 100 operational airports and is the fastestgrowing aviation market in terms of domestic passenger growth. Domestic airlines are also geared to add more airplanes for complementing the connectivity growth. In terms of cargo, the capacity of Indian airports stands at 4.63 million tonnes, and there is a need for additional 2 million metric tonnes to meet the projected air cargo demand of 60 percent in the next five years. The government of India has earmarked Rs 88,000 crore for capital projects at airport covering air cargo facilities over the next five years. It has built 21 common user domestic cargo terminals in Airport Authority of India (AAI) airports, and plans to reduce cargo release time to two days for air imports, and one day for exports. It is also a stated objective to bring down logistics cost to 9 percent of GDP by 2022, from the current 13- 14 percent. The ministry is working towards improving India’s ranking in World Bank’s Logistics Performance Index (LPI) from 35 to 15 by 2020. This year, India will be introducing a Domestic Logistics Performance Index (LPI) to rank the Indian states as per competition. While India’s neighbouring nations like Singapore, Hong Kong and UAE have made huge strides in the area of logistics, India shall now declare logistics as an industry, APR - JUN <strong>2018</strong>| www.acaainews.com 5
Page 1 and 2: Vol 9 - Issue 2 | APRIL - JUNE 2018
Page 3: Contents VOL 9 - ISSUE 2 • APR- J
Page 8 and 9: cover story | Indian air cargo and
Page 10 and 11: cover story | Indian air cargo seas
Page 12 and 13: REVIEW | ACI 2018 Air Cargo India g
Page 14 and 15: REVIEW | ACI 2018 Glyn Hughes, Glob
Page 16 and 17: aci 2018 | awards And the awards go
Page 18 and 19: aci 2018 | awards Air Shipper of th
Page 20 and 21: special report | high-tech logistic
Page 22 and 23: special report | high-tech logistic
Page 24 and 25: INTERVIEW | Amitava Saha XpressBees
Page 26 and 27: INTERVIEW | Amitava Saha In what be
Page 28 and 29: NEWS Fraport inks pact with Swisspo
Page 30 and 31: NEWS Emirates' new airfreight produ
Page 32: WE HAVE EXPANDED OUR FLEET, SO WE C

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