‘There has been rise of investments from public & private sectors in express logistics biz’

Afzal Malbarwala, Managing Director, Galaxy Freight said, “The focus is now on fast shipping to minimise risks, particularly for high-value items such as pharmaceuticals, electronics and project cargo including heavy machinery and massive industrial equipment. Additionally, the demand for express air cargo skyrocketed with the surge in demand for high-value goods with their original composition and quality intact, an increase in online shopping (e-commerce) and a just-in-time inventory management strategy — all of which became megatrends during the COVID-19 pandemic. As a result, there has been a surge of investments from both the public and private sectors, improving the logistics ecosystem and making it more sustainable.”