‘Make air cargo affordable, improve global competency’

Vipin Vohra, Chairman, Continental Carriers shares his expectations from the upcoming budget. He says, “With the launch of National Logistics Policy in 2022 under PM Gati Shakti National Master Plan, Logistics industry has high expectations from Budget 2023, which aims at reduction of Logistics cost from 14% of GDP to 8% -10% of the GDP. It is expected that the Budget 2023 will continue with its thrust on infrastructure development both at Airport and off-Airport locations in the form of Air Freight Stations in accordance with AFS Policy inviting healthy competition among the Cargo handling players making Air Cargo affordable so as to improve the global competitiveness of the Indian industry in the world market. Budget-2023 should propose Warehousing and Logistics policy at centre level including PLI and other incentive(s)/subsidies with an option for the states to further liberalise it considering the local scenario.”