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36th ACAAI Annual
Convention to be held on December 5-8
The 36th Annual Convention of
the Air Cargo Agents Association of India (ACAAI) will be held from
December 5 to 8, 2008 in Bahrain. The theme of the convention and
registration process will be announced very soon, informed ACAAI sources.
Bahrain is located at the heart of the Gulf. It not only enables central
access to the whole of the Gulf region; also makes Bahrain ideally
positioned to serve the wider markets of the Middle East, Africa, the
Indian subcontinent and the Far East.
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Civil aviation ministry gets new secretary
M Madhavan Nambiar has been appointed as the secretary, ministry of civil
aviation, government of India. He has been posted in place of Ashok
Chawla, who has been appointed as secretary, department of economic
affairs, ministry of finance.
Prior to this, Nambiar was special secretary, department of information
technology, ministry of communications and information technology. He is a
1974 batch IAS officer of Tamil Nadu cadre. Nambiar is expected to take
charge on September 17, 2008.
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TCI acquires new logo
Transport Corporation of India launched its new corporate logo and brand
line on September 4, 2008. Incidentally, in this year TCI completes its 50
years of service to Indian trade. It is a corporate brand that has
mirrored the milestones in India’s evolution of infrastructure, said vice
chairman and MD D.P. Agarwal. According to Agarwal, TCI, which began as a
‘One Man, One Truck, One Office’ company, has grown extensively over the
years, to become a full-fledged logistics solutions provider with
offerings of end-to-end solutions. The company aims to be a Rs. 20-billion
organisation with the major focus on taking its supply chain solutions
globally.
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AFL Logistics launches retail-ready distribution facility
India’s
leading integrated logistics service provider, AFL Logistics, opened its
dedicated fashion retail facility on August 28, 2008, at its
state-of-the-art warehouse in Bhiwandi near Mumbai. The new ‘facility
within facility’ is designed for its client Madura Garments Lifestyle
Retail Company, a division of Aditya Birla Nuvo. The facility was
inaugurated by George Santacroce, CEO, MGLRCL, in the presence of Ashish
Prasad, COO, MGLRCL, Susshruth Apshankar, head of supply chain, MGLRCL,
and Juzar Mustan, CEO, AFL Logistics.
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Commerce ministry to encourage auto export
Kamal Nath, the minister of commerce and industry, has stated that auto
exports from India should reach $ 25 billion in the next decade.
Delivering the keynote address on “Making India a Global Automotive Export
Hub” at the Annual Convention of Society of Indian Automobile
Manufacturers (SIAM), which was recently held in New Delhi, he said that
the government would play its part by providing the "enabling policy
framework".
According to the minister, Indian automobile industry today is all about
scale. Maruti hopes to have a capacity of one million cars by 2010;
Hyundai is looking at 600,000 cars in another year; Toyota is talking
about 200,000 cars by year end; the Nissan Renault venture is planning a
capacity of 400,000 cars and GM and Honda are setting up new plants, as is
Tata for its Nano.
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Arshiya International to invest Rs. 2,800 cr in FTWZ and rail business
Arshiya
International has announced a whopping Rs. 2,800-crore investment in its
Free Trade and Warehousing Zones (FTWZ) and rail business. Arshiya is
planning to create five FTWZs, one each in Mumbai, Delhi, Nagpur and one
in an undisclosed location in the south integrated with CFS and one in the
Middle East. The first among five FTWZs is a 180-acre zone in Panvel near
Mumbai at an investment cost of Rs. 1,200 crore, which will be completed
by March 2011.
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Capt. Mohan nominated chairman of NSB
Captain PVK
Mohan of Seaways Group, Hyderabad, has been nominated chairman of the
newly constituted National Shipping Board, for a two-year term. The NSB
was constituted under Merchant Shipping Act and was first formed in 1959.
Others in the board are: Commodore M Jitendran, CMD, Kochi Shipyard; S
Velumani, chairman, Ennore Port; Dr. Vijayan, director, National Maritime
Academy and Prof. Ramaswamy, scientist. Youngest in the board, Capt.
Mohan is also the first Master Mariner to become the chairman of NSB.
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