‘Surge in cargo volumes driven by geopolitical situations, rise in e-com, pharma exports, & China +1 strategy benefitting India’

Pradeep Panicker, CEO, GMR Hyderabad International Airport says, “The air cargo and logistics sector has witnessed significant advancements in recent years, yet infrastructure standards remain a mixed bag. While major hubs boast world-class facilities, regional airports often lack the necessary infrastructure for seamless operations. Major challenges include but not limited to outdated cargo terminals, limited cargo handling capacity, and inadequate cold storage facilities for temp-sensitive cargo. Further, lack of standardized processes and digitalization hinders efficiency and transparency. Few airports in India are experiencing increasing congestion, particularly with the rise in air cargo volumes driven by current geopolitical situation, emergence of global e-commerce, increase in pharmaceutical exports, and China +1 strategy benefitting India. However, there’s a growing emphasis on modernizing infrastructure. Further, investments in automation, safety & security, and sustainable practices are driving positive changes in the sector. Collaboration between stakeholders, including governments, airlines, and logistics providers, is crucial to bridge the gap and ensure the sector’s long-term competitiveness.”