‘Goal is to reduce freight costs, carbon footprints & congestion’

Highlighting ACAAI’s theme, C K Govil, Vice President says, “We have a long road ahead towards making India a supply chain superpower. Building a robust infrastructure, reducing the freight, and warehousing costs, and bridging the demand-supply gap are some challenges that need attention.” He adds, “In the new normal post pandemic scenario, logistical growth can happen only with combined efforts of the Indian government and the industry comrades. Our joint endeavour brought the Gati Shakti and the National Logistics Policy to fruition. But that is just the beginning. During the convention, we expect to resolve the issues through united efforts with the government and hope to receive due support in that regard. “The global centre for trade is rapidly shifting to Asia, and Indian air cargo is becoming the hero of the post-pandemic world. With strong inventory levels and manufacturing output, the industry has grown steadily this year, leaving behind the turmoil faced during the pandemic. Despite the demand fluctuation due to rising fuel costs, air cargo revenues are expected to rise to $169 billion this year, 13 per cent more than the pre-COVID levels. India has also added to the freighter capacity this year, although largely due to imports. As a result, air cargo is set to become the new normal in the Indian logistics and supply chain industry. And then, the multimodal logistics park that Reliance Industries is building in Chennai is the talk of the town currently. We strive to reduce freight and warehousing costs and reduce carbon footprints and congestion.”