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Air Freight
Institute announces ‘Industry Relations Action Plan’, questions IATA’s
relevance for forwarders
At its recently held Zurich Headquarters meeting, Air Freight Institute (AFI)
chairman Rudolfo Sagel (Argentina) announced a new direction in industry
relations between the forwarders and air carriers. This is on the heels of IATA’s cargo agency conference which met on March 8,
but failed to take a
unanimous recommendation from the IATA/FIATA Consultative Council, to amend
training accreditation to place FIATA and IATA on an equal footing. The
chairman advised the delegates that the industry relationship between
forwarder and airline must evolve to reflect today’s reality. According to
him, IATA’s role should no longer be that of a regulatory body of the
forwarders.
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New airport
in Bengal to take off by 2012, logistics service providers to be
accommodated at the ‘airport city’
The Rs 10,000 crore project of the Bengal Aerotropolis Private Limited (BAPL)
in the Durgapur-Asansol area of West Bengal is likely to be operational by
2012. According to Subrata Paul, director & CEO, BAPL, the company has
entered into a joint venture development agreement with West Bengal
Industrial Development Corporation Limited (WBIDC) for developing an
aerotropolis (airport city) comprising an airport and allied logistics
infrastructure along side the airport. It would also offer other facilities,
which an airport city requires. Durgapur-Asansol is one of the most centrally
located industrial zones in eastern India and the project has a great
significance for the economy of West Bengal.
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Netherlands Economic
Mission to meet aviation and logistics industry from April 3 to 7 in Delhi
and Mumbai
The Netherlands Embassy in India has announced that they would organise a
number of seminars, workshops and round table meets during the visit of some
ninety delegates of “Netherlands Economic Mission to India.” Headed by
Melanie Schultz van Haegen, Minister of Infrastructure and the Environment,
Netherlands, the mission has been scheduled from April 3-7. The delegates
include both government as well as industry people from Netherlands.
According to the embassy sources, the aviation seminar, which will be held
on April 5 in New Delhi, will also be attended by Vayalar Ravi, civil
aviation minister, India, apart from government officials and industry
people from across the country. The other major programmes include a
workshop on Inland waterways on April 5 in New Delhi, round table on road
transport on April 4 in New Delhi, round table on air cargo on April 6 in
Mumbai and round table on road transport on April 7 in Mumbai.
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India’s exports grow by
31.4% between April, 2010 - February, 2011; SEZs take the lead
Exports from India have registered a growth of 49.8 per cent in February
2011, at US $ 23.6 billion. According to Rahul Khullar, commerce secretary,
during the period April, 2010 - February, 2011, exports have reached a level of US
$ 208.2 billion at a growth of 31.4 per cent while the import was US $ 305.3
billion with a growth of 18 per cent. Khullar also informed that India’s imports in February 2011 were
approximately US $ 31.7 billion. On the export growth, the country has
crossed $ 200 billion in February and the ministry’s forecast for this
fiscal would be around $ 235 billion. He also stated that exports from the
Special Economic Zones (SEZs) are doing very well.
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FICCI survey on manufacturing industry for Q-4 of 2010-11 shows decrease in
growth
Recently, FICCI has conducted its Quarterly Manufacturing Survey for the
quarter January-March 2011 (Q-4). The survey has tried to gauge the
expectations of manufacturers for Q-4 from major sectors like textiles,
capital goods, metals, chemicals, machine tools, tyres, cement, consumer
electronics, automotive, leather & footwear, paper, forging etc. The survey saw a dip vis-à-vis last quarters. Around 60 per cent
respondents reported that they expect higher growth in their sector for Q-4
vis-à-vis Q-4 2009-10. This is a fall with regard to previous two quarters
in which around 68 per cent (Q-3) and 71 per cent (Q-2) respondents felt
that they were expecting higher growth in their sectors.
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Maersk
Line starts direct service from Chennai Container Terminal to North Europe
Maersk Line has
started direct India Colombo North Europe (ICON) services from DP World’s
Chennai Container Terminal (CCT). As a result, Maersk Line will now have two
direct services calling at CCT. According to Maersk Line sources, the need
to faster connectivity to the North Europe base ports is growing in South
India. The new service is expected to increase in export of major
commodities like tobacco, garments, granite, seafood, mango pulp, footwear,
sugar and made ups. The ICON service will link south and east India to North
Europe and will provide the trade with direct, dedicated and faster transit
times to North Europe.
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ICD Loni implements upgraded version of Customs EDI to
facilitate cargo movement
The Worlds Window Infrastructure and
Logistics, which is operating ICD Loni adjacent to Delhi, has announced that
they have implemented Customs EDI/ICES 1.5 version on this growing dry
port’s MPLS line. After some initial technical hitches, a full fledged
connectivity has now been established. Now with the current linkage, export
documents under all incentive
schemes viz DEPB, Duty Drawback, DES etc can also be processed online.
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Gati starts movement of shipments by road to Bangladesh
Gati, India’s leading company in
express distribution & supply chain solutions, recently started road
shipment movement from India (Pune and Wadi) to Bangladesh (Dhaka) on a
direct door delivery basis. The shipments were shipped for an exhibition and
will be brought back to India once the exhibition is over. Meanwhile, Gati
has established its network in other SAARC countries to provide end to end
logistic solutions in Bhutan and Nepal by road as well as by air. The
company has strong presence in Bhutan through its strategic tie up with
Bhutan Post and in Nepal with its own office.
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CII organises meet on ‘GST in Post Budget Scenario’ on April 8
in Chennai
The logistics wing of the Confederation of
Indian Industry (CII) has organised a workshop on the proposed Goods and
Services Tax (GST) on April 8 at Hotel Accord Metropolitan, Chennai. The
workshop has an objective to throw light on the impact and implications of
GST, post Union Budget 2011. After implementation of a dual GST, it would
abolish other taxes like octroi, central sales tax, state-level sales tax,
entry tax, stamp duty, telecom licence fee, turn over tax, tax on
consumption or sale of electricity, taxes on transportation of goods and
services, etc.
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