Bobba Group has announced the launch of its Bobba Projects. This initiative is going to transform space planning, project management, and supply chain consulting by integrating industry expertise with advanced technology to deliver innovative solutions that enhance operational efficiency and sustainability across industries. Bobba Projects offers a comprehensive range of services designed to optimize space utilization and streamline operations. From initial conceptual design to final execution, Bobba Projects team provides strategic planning and tailored project management solutions that ensure seamless execution and timely completion. In addition to turnkey project management, Bobba Projects delivers expert real estate consulting, offering strategic guidance on property acquisition, asset management, and market navigation. Focusing on supply chain mapping and logistics optimization, Bobba Projects employs advanced visualization techniques and data-driven insights to enhance decision-making and boost productivity. By analyzing each stage of the supply chain from procurement to final delivery, Bobba Projects helps companies streamline operations, reduce risks, and foster sustainable growth. Chandrakala Bobba, Director of Bobba Group, shared her perspective on the initiative: “The launch of Bobba Projects represents a significant advancement for our group. This initiative combines our extensive industry expertise with cutting-edge technology to address the evolving needs of businesses today. We are committed to building partnerships that drive operational excellence and sustainable growth, empowering our clients to navigate the complexities of modern logistics with confidence.” Bobba Projects is dedicated to quality control and its client-centric approach ensures that each project is executed with precision and attention to detail. By offering tailored solutions that align with the unique needs of each client, Bobba Projects aims to set new industry benchmarks and reinforce its reputation as a trusted partner in aviation, logistics and supply …

Qatar Airways Cargo announced the launch of AirPlus Solutions, offering enhanced services for various cargo products. Customers can now choose from three options; Q-Climate, Q-Plus, and Q-Prime to elevate their shipment’s journey. Mark Drusch, Chief Officer Cargo at Qatar Airways Cargo, stated, “As the world’s leading cargo carrier, we are committed to continuously innovating our product offerings. We recognize that our customers have unique requirements and often need greater flexibility. With the launch of AirPlus Solutions, we are providing tailored options that best meet our customers’ needs, while delivering our best -in s-class service.” Q-Climate: Provides temperature-control for additional product categories, ensuring a seamless cool chain and ramp protection against external weather elements and is applicable to general cargo and vulnerable cargo. Customers can select from three standard temperature ranges: COL (+2°C to +8°C), CRT (+15°C to +25°C), or ERT (+2°C to +25°C). Q-Plus: Offers prioritised capacity for time-sensitive shipments, ensuring high-priority handling on confirmed flights or the next available flight if the requested flight can no longer accept bookings. Available as an add-on for Qatar Airways Cargo’s General Cargo, SecureLift (Vulnerable Cargo), Fresh Care (perishable cargo), and Drive (automobiles) products. Q-Prime: Guarantees urgent shipments needing guaranteed uplift with prioritised processing, best or preferred connections, and a money-back guarantee if the shipment does not fly as confirmed. Q-Prime can also be used to gain capacity on full flights in urgent cases, where possible. The Control Tower monitors the shipment throughout its journey proactively solving possible disruptions. Available as an add-on for Qatar Airways Cargo’s General Cargo, SecureLift (Vulnerable and Valuable Cargo), Fresh (perishable cargo), and Drive products ( automobiles).

        “About 50-60% of the global vaccines are produced in India. “Last year, the pharma industry turnover in India was about 65 billion. We exported about 28 billions of pharma,” said Chief Guest, Sandeep Prakash, IRS Chief Commissioner GST & Customs Zone, Hyderabad, at the ongoing Cold Chain Unbroken (CCUB) 2024 event in Hyderabad. He added, “In 2030, the turnover is expected to rise to 130 billion. And by 2047, the government’s intention is to take it to 450 billion. So, we are looking at almost 7.5 times increase in the next 23 years. It’s obvious that if we have to grow like this, all stakeholders will have to support the industry. And representing the government, especially from the customs side, I would begin by reiterating our commitment to supporting the industry in increasing the exports. And therefore, I understand the importance of the unbroken chain also. Because this is very important for the pharmaceutical exports. Indian Customs took the lead. Currently, we are facilitating almost 96% of the export consignments. “ The event kickstarted with highly insightful panel discussions on topics such as Airports investing and evolving cold chain infrastructure, dangerous goods management, pharmaceutical and perishable warehousing. With experts from across the world participating in the discussions, the two-day event provided a wonderful platform to discuss ideas, strategies and solutions to build a highly resilient pharma supply chain.  

GMR Airports Infrastructure (formerly GMR Infrastructure) has entered into a share purchase agreement with Fraport AG Frankfurt Airport Services Worldwide, to acquire 10 per cent stake held by the latter in Delhi International Airport for a consideration of USD 126 million. GIL currently holds 64 per cent of the paid-up capital of DIAL and post the proposed acquisition, its stake in DIAL would increase to 74 per cent. The Airports Authority of India (AAI) will continue to hold 26 equity stake of DIAL, the company said in a statement. “Post consummation of the transaction, Fraport’s appointment as the airport operator of DIAL shall continue to be governed by the Airport Operator Agreement and/or any other agreement(s) executed in relation to its role as the airport operator,” it said. The company further stated that the transaction, which is subject to the AAI’s approval and approval of GIL shareholders, along with customary closing conditions, is expected to be concluded within 180 days from the date of execution of the agreement. “Fraport has been one of the original shareholders and have been our partners in airport journey. They have extended significant technical support to Delhi Airport as per their role of airport operator,” GBS Raju, Business Chairman (Airports), GMR Group, said. Commenting on the development, Kiran Kumar Grandhi, Corporate Chairman of GMR Group said, “The acquisition of additional stake in DIAL is in line with our objective of consolidating our presence in core assets of the Group and signifies the importance of Delhi airport in the overall group portfolio.”

The global air cargo market double-digit demand growth continued in August with average spot rates showing their largest year-on-year growth of +24%, according to the latest weekly analysis by Xeneta. Global average air cargo spot rates of USD 2.68 per kg in August were boosted by continuing supply and demand imbalance. August’s global cargo supply grew at its slowest ratio in 2024 to-date at 2% year-on-year, while global cargo demand continued its double-digit growth, rising +11%. The increase was further supported by ocean-to-air shift due to Red Sea disruptions and e-commerce demand.

To promote sustainable development, NITI Aayog and WRI India conducted e-FAST Summit 2024, a full-day event in New Delhi. e-FAST India (Electric Freight Accelerator for Sustainable Transport), spearheaded by NITI Aayog, will soon celebrate two years of collaboration and impact. It collaborated with over 85 esteemed knowledge and industry partners whose invaluable contributions have driven the transition toward zero-emission freight.

Satyaki Raghunath, COO, Bangalore International Airport Ltd (BIAL) says, @The reinstatement of the open sky policy is in harmony with the government’s wider objectives for the sector and we appreciate the move. This policy can play an important role in achieving the government’s ambitious target of 10 million tonnes of air cargo by 2030. The policy is also expected to enhance air cargo movements, particularly benefiting perishables trade, by permitting foreign cargo carriers to operate from all international airports. This initiative enables farm producers and exporters in interior regions of India to access global markets. We are hopeful that this new move will help create a more dynamic and competitive air cargo environment, ultimately benefiting exporters and the Indian economy as a whole.”

Ample Parks, a joint venture between Mahindra Lifespaces Developers and private equity firm Actis, has acquired a 70-acre land parcel in Chennai to develop an integrated industrial and logistics park, said reports. “This is a first step for Ample Parks to develop this project at a strategic location in the thriving industrial ecosystem in Chennai,” said Raghvendra Chandak, Director – Real Estate, Actis. He added that they will be investing over Rs 800 crore in the Chennai land parcel to develop up to 2 million square feet of industrial and logistics warehousing facility for industrial players based in Mahindra World City.