C K Govil, Vice President, ACAAI shares that the world looks up to India for a constant supply of pharmaceuticals and several crucial consumables like rice. A focus on infrastructure and air cargo related policies can help make India a global air cargo hub. For instance, an Open Skies Policy, lower taxes on air exports, focus on reducing ATF prices to improve the air logistics costs, and pushing digitalisation and embracing artificial intelligence in processes are some steps that can work wonders for the Indian air cargo industry.
Besides, the idea of digital air freight corridors has been floating in the global air cargo industry for a while now. These digital pathways optimise the flow of large volumes of cargo data between two nations or air cargo authorities. This idea can promote a real-time exchange of information on shipment visibility between two parties. A step was taken in this direction when Kale Logistics signed an MOU with Cargonaut in 2018 to facilitate a digital air corridor between Mumbai and Schiphol airports.