Vipin Vohra, Chairman, Continental Carriers focuses on trade regulations and asserts, “Changing trade policies can have significant impacts on global supply chains in air freight. Tariffs and Trade Barriers: If trade policies impose tariffs or other barriers on certain goods, it could lead to changes in the volume and direction of air freight shipments. Higher tariffs may make certain products more expensive to import/export, leading to a shift in demand for air freight services. Businesses would expect the Indian government to communicate any changes to trade policies in advance and to consult with stakeholders in finalizing the cargo tariff and other related issues which have potential impact on the air freight industry.
Route Optimization: Air freight carriers may need to optimize their routes and operations in response to changing trade policies. This could involve rerouting flights to accommodate shifts in demand. Multiple dipping by the Air Freight carriers, subject to permission, may also be considered to explore the potential for Air Freight from Tier II and Tier III cities.
Infrastructure Development: The Indian government may be expected to invest in infrastructure to support the growth of the air freight industry, including the expansion of airports, the modernization of air traffic control systems, and the development of cargo handling facilities.
Creation of Off Airport locations for Air Cargo handling activities to reduce logistics cost and congestion during peak period at the Air Cargo Terminals at IGI Airport. Overall, businesses operating in the air freight industry would look to the Indian government to create a conducive environment for the growth of trade and investment, while also addressing any challenges or disruptions caused by changing trade policies.”