Sunil Kohli, Managing Director, Rahat Cargo says, “As our country is targeting to become a $7 trillion economy by 2030, the logistics industry is set to play the vital role of a growth engine which will catalyse to usher in the new era of economic progress. Therefore, the logistics industry requires consistency in policy, technology and an accelerated infrastructure-led reforms. Thus we expect an emphasize on the continuity and stability in the decision-making and policy measures which should be reflected in the upcoming Budget. The logistics industry expects the government to focus on reforms and proposals towards a continued capex push for transportation, port and digital infrastructure development to boost logistics efficiency and competitiveness in line with the vision and goals of National Logistics Policy. The full budget needs to continue with the infrastructure push to add momentum to the transformation-led growth. The industry requires a holistic infrastructure development push to build a stronger distribution network and global value chain linkages. In its strong resolve, the logistics industry is geared up and committed to contribute to the ‘Viksit Bharat @ 2047’ mission. Beyond infrastructure enhancements and tax reforms, there is an urgent need for strategic resource allocation to adapt to market dynamics, including fuel price fluctuations and supply chain disruptions. By investing in cutting-edge technology and aligning with global digitalization and sustainability standards, we can mitigate current challenges and position India as a leader in a tech-driven, efficient logistics sector on the global stage. Additionally, incentives for green logistics and digital infrastructure development will be key to achieving our long-term goals. Streamlining the GST system and encouraging sustainability by using electric cars and other eco-friendly activities is also essential. Innovation …
Read More »CSMIA upgrades cargo infra for electronic goods handling
Chhatrapati Shivaji Maharaj International Airport (CSMIA) leads in electronic goods handling as the airport ensures seamless handling and supply chain operations. “Electronic cargo items at CSMIA largely constitute of imports with an 8% share of overall volumes. The Cargo Handling Team at CSMIA navigates through a diverse variety of electronic goods, including mobile phones & accessories, computer components, industrial electronics, healthcare equipment, automobile components, networking gear, solar cells, printers, and laptops,” says CSMIA. From the moment electronic goods arrive at CSMIA’s cargo facility, carefully organised steps are taken to ensure their safe passage. Fragile electronic items, upon arrival, are promptly moved to an earmarked area to ensure safety and integrity. Here, specialized handling techniques are employed to safeguard them throughout their stay at the facility. The cargo is meticulously categorized, and stored in secure locations, adhering to pre-agreed Standard Operating Procedures (SOPs) with customers. Products are prioritized for safe and secure storage, as well as reduced turnaround times for handover/delivery. As the cargo awaits its journey, CSMIA’s key account coordinators share continuous updates to customers on cargo status throughout the process. CSMIA has successfully handled shipments from renowned mobile phone manufacturers in addition to their regular electronic product management. These shipments were safely handled and delivered on priority as desired by the customers, earning appreciation from both logistics providers and customers for the seamless handling of goods. Moreover, amidst the hurdles posed by the Covid-19 disruption, including social distancing measures and resource constraints, CSMIA’s air cargo terminal persevered, processing over 43,000 metric tons of electronic goods without interruption. This feat underscores the commitment of the staff to maintain operational efficiency during challenging circumstances. Seamless collaboration with airlines and other …
Read More »Customs brokers facilitate trade with legal compliance: IFCBA
“Customs brokers play a key role in securing borders for the seamless movement of supply chains and facilitating trade with legal compliance at the national level,” says Shankar Shinde, Chairman, International Federation of Customs Brokers Associations (IFCBA) during a meet held at the World Customs Organization (WCO) headquarters in Brussels on June 3-4 wherein members from 12 countries with 40 delegates gathered. The meeting underscored the collaborative spirit and mutual goals shared by both organizations. “This collaboration with the WCO is crucial for creating a transparent, reliable, and trust-based environment in the ecosystem. It builds confidence through better understanding and supports the significant role played by the WCO in partnering with the IFCBA at the international level,” Shinde added. WCO Secretary General Ian Saunders welcomed the representatives, emphasizing the WCO’s theme for the year, “Customs Engaging Traditional and New Partners With Purpose.” As a longstanding partner of the WCO, the IFCBA brings fresh insights and expertise on diverse topics, including the review of the Harmonized System of Tariff Classification, developments in Rules of Origin, the challenges posed by E-Commerce, initiatives for Green Customs, and strategies for Business Resilience. Delegates engaged in fruitful discussions with WCO subject matter experts on each of these critical subjects. Highlighting the IFCBA’s active participation in the WCO Private Sector Consultative Group (PSCG), PSCG Chair Jaime King from Mexico presented the group’s ongoing work and initiatives. A major topic of interest among customs brokers globally is education, focusing on enhancing the knowledge base of IFCBA members and exploring opportunities for global certification. This meeting provided a platform for in-depth discussions with representatives from the WCO Academy regarding potential educational collaborations.
Read More »Beyond Sqfeet Supply Chain Solutions opens warehouse in Bhiwandi
Beyond Sqfeet Supply Chain Solutions inaugurated its warehouse in Bhiwandi, Mumbai. Located in Bhinar, Nimvavali – Just 8 kms from the city, a MMRDA Certified project in SM Industrial Park. Ranging over a Lac (1 Lac Sq.ft.) of square feet andhaving Various Storage Capacities like Heavy Duty Racks (2500 Pallet Positions, Expandable to 7000 Pallet Positions), Non-Racking Area and 3 level of MTS (Multi-Tier Shelving) for Facilitating E.com Customers, Beyond Team is geared up to provide tailored made solutions to their clients. Having Close Proximity to the city, makes it easier even to engage EV vehicles fordistribution and thereby concentrating on the ESG goals that the company is committed to deliver in long run.The Company is further looking to expand to 5.0 lac sq. ft in Bhiwandi itself by Dec 2024. Bhiwandi has emerged as one of the largest warehousing regions due to its proximity to Nhava Sheva port which is catering to almost 70% of EX–IM cargo and often Primary majors are looking to set up their DCs near their entry point in the country. This has also moved the requirement of Grade A+ Infrastructure, QHSE norms and ESG Requirements to be followed and hence we can see lot of Investments from Infra Developers setting up large scale parks now in Bhiwandi. There have been huge initiatives taken from Government for Construction of Road Infrastructure as well like Samrudhi Express Highway, which is getting connected soon, thereby making ease of access to locations like Nashik to Nagpur and further hinterlands. Due to some Hazards which has happened in recent past, poor Infrastructure to mitigate risks, lack of Insurance coverage, Government declaring Red Zones in some Areas like Kahler, there would …
Read More »Blue Dart starts drone deliveries with Skye Air
Blue Dart has successfully launched drone deliveries in collaboration with Skye Air, a leader in drone technology. This move marks a significant advancement towards cleaner and more efficient delivery solutions. Building on their pioneering VLOS trials in Vikarabad, Hyderabad, in September 2021, and BVLOS trials under the Telangana Government’s ‘Medicine from the Sky’ initiative, Blue Dart continues to lead in utilizing drone technology for logistics.Initially focusing on the growing e-commerce sector, this innovative approach is set to revolutionize last-mile delivery by offering same-day delivery for shipments, significantly reducing delivery time and environmental impact. This milestone achievement notably coincided with World Environment Day, emphasizing Blue Dart’s commitment to sustainable logistics practices. On this initiative, Balfour Manuel, Managing Director, Blue Dart, says, “The logistics sector in India is experiencing an exhilarating phase. The nation’s robust economic growth, coupled with the aspirations of its consumers and growth in Tier 2 & Tier 3 cities, has significantly boosted purchasing power. This surge in demand emphasizes the need for innovative solutions that drive growth while ensuring efficiency and sustainability. As we witness the marvel of drone technology, we eagerly anticipate extending this service further, with plans to cover additional pin codes in subsequent stages with our partners.”
Read More »Etihad Cargo enhances e-booking connectivity with K+N Logistics
Etihad Cargo has established a direct eBooking integration with global logistics provider Kuehne+Nagel. This strategic collaboration is the latest step in Etihad Cargo’s digitalisation journey, further streamlining the booking experience for its partners and customers and expanding its portfolio of eBooking integrations, which already includes industry leaders such as cargo.one, WebCargo, CargoWise and CargoAI. Etihad Cargo’s direct integration with Kuehne+Nagel leverages advanced web services developed by both companies, providing Kuehne+Nagel with seamless access to real-time capacity and pricing across Etihad Cargo’s network. This move is designed to offer greater transparency, efficiency, and flexibility in the booking process, ensuring faster and more reliable cargo services. “Etihad Cargo’s integration with Kuehne+Nagel represents another milestone in the carrier’s commitment to digital innovation and operational excellence,” said Stanislas Brun, Vice President Cargo at Etihad Cargo. “By providing Kuehne+Nagel with direct access to Etihad Cargo’s network’s real-time data, this integration enhanced their ability to make informed booking decisions, streamline operations, and ultimately deliver superior service to their customers. Etihad Cargo will continue to prioritise the carrier’s digital connectivity and development, ensuring technological advancements keep pace with industry demands and further elevate service standards.”
Read More »DP World receives platinum certification for Chennai Economic Zone
DP World has received the platinum certification from Indian Green Building Council (IGBC) for its Chennai Economic Zone. This is the second one in quick succession for DP World Economic Zones in India. Earlier this year, DP World Nhava Sheva Business Park became the first free trade zone to receive Platinum certification under the IGBC logistics parks and warehousing rating system. The IGBC rating systems recognize outstanding green design, construction, and operations, with the Platinum rating being the highest standard internationally. DP World has built the state-of-the-art Free Trade Warehouse Zone (FTWZ) in Chennai near three key ports – Kattupalli, Ennore, and Chennai. The warehouses at DP World’s Chennai Economic Zone feature charging points for electric vehicles (EV) and a 1 MW capacity solar panel installation, aligned with globally recognized environmentally responsible practices which will fulfil ~40% of FTWZ’s power requirement. The facility is spread over six hundred thousand square feet with a potential to grow to 2 million square feet and is designed as per global standards and Green Building Certification requirements. Commenting on the achievement, Ranjit Ray, Senior Vice President – Economic Zones, Middle East, North Africa, and Subcontinent said, “We are honored to receive the IGBC Platinum Certification for the second time. This achievement reflects our commitment to sustainable practices and excellence in our operations. I am proud of our team for their dedication and hard work in maintaining high environmental standards. Their efforts continue to drive our success and set new benchmarks for our industry.”
Read More »Snowman to acquire land to land & warehouse assets worth 200mn
Snowman Logistics has signed an agreement to acquire land and warehouse assets in Madhya Pradesh, says reports. The acquisition, valued at Rs 200 million, aims to strengthen Snowman’s infrastructure and operational capabilities in the region. The agreement includes the purchase of land and existing warehouse facilities, strategically located to enhance Snowman’s service network and efficiency in catering to the growing demand for temperature-controlled logistics solutions, it adds.
Read More »Magenta Mobility launches ‘Project 302’ to decarbonise logistics in Bhiwandi
Magenta Mobility has launched ‘Project 302,’ aimed at decarbonising logistics in Bhiwandi. The new Bhiwandi facility, which initially deploys a fleet of 500 electric vehicles (EVs) including three-wheelers and four-wheelers, aims to meet the increasing demand for sustainable transportation solutions. The company plans to hire around 200 local Delivery Executives (DEs) to operate these vehicles, supporting logistics, charging, and field operations, says release. Named after the Bhiwandi Pincode, the project features a new office and charging depot operating under a hub-and-spoke model. This expansion aligns with Magenta Mobility’s vision to decarbonise logistics and enhance services for existing and new customers in the region. Bhiwandi, with its extensive 25 million square feet of warehousing space, serves the growing demands of e-commerce and third-party logistics industries. Its strategic location, connectivity to major cities and ports, and proactive government support make it an ideal operational hub for Magenta Mobility, the company shared. The area hosts warehouses for e-commerce giants, pharma companies, FMCGs, retailers, and conglomerates, providing a prime location for expanding services.
Read More »Skye Air secures $4 mn. funding to boost pharma, healthcare deliveries
Skye Air, a drone logistics solution provider has secured $4 million (about Rs 34 crore) funding, which will be used to expand the company’s operations across Gurugram and other cities for healthcare, and quick-commerce deliveries. The Series A funding was achieved with backing from Mount Judi Ventures, Chiratae Ventures, Venture Catalyst, Windrose Capital, and Tremis Capital. Faad Capital, Misfits Capital, Hyderabad Angels, Soonicorn Ventures and other existing investors, family offices and angels also participated in the funding round. The fresh capital will help the company expand its last-mile network across Gurugram and other cities for healthcare, e-commerce, and quick-commerce deliveries,” said Ankit Kumar, Founder & CEO of Skye Air in a statement. He added that with the Modi 3.0 government at the centre stage, the company envisages a plethora of growth coming in the Indian drone sector, which will make Bharat a global drone hub by 2030. Maple Capital Advisors were the exclusive financial advisors to the company for the transaction. LexStart Partners were the legal counsel for the company. Skye Air said it is also the creator of Skye UTM, an advanced Unmanned Traffic Management system, which manages drone traffic, ensures safety, and facilitates efficient communication between drones and air traffic controls.
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