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AAI charts 10-yr development plan to boost air cargo market

AAI charts 10-yr development plan to boost air cargo market
PTI
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First Published: Tue, Jan 06 2009. 05 24 PM IST
Updated: Tue, Jan 06 2009. 05 24 PM IST
New Delhi: In a bid to give a boost to the vast and emerging air cargo market in India, the Airports Authority of India, or AAI, is preparing a development plan for the next 10 years and has started implementing projects to create modern cargo hubs across the country.
An Air Cargo Policy - Vision 2020 is being prepared by consultancy firm PriceWaterhouse Cooper, appointed by the AAI for the purpose, an official said.
Once the PriceWaterhouse Cooper completes the report, the AAI will give final shape to it and then submit it to the government, the official said.
Among the initiatives already taken to develop air cargo infrastructure is the full-fledged modern cargo handling system at the Kolkata airport, equipped with an automated storage retrieval system (ASRS).
The state-run airports body has also set in motion the process of creating an integrated cargo terminal at the Chennai Airport, a source said, adding Amritsar would soon have a modern cargo terminal with a fully-automated storage and retrieval system to get the goods cleared by the customs.
The Nagpur Airport, situated in the middle of the country, was also being developed as a national and global cargo and passenger hub and work was already in progress, the sources said.
With the current policy allowing FDI in the air cargo sector to up to 100%, several proposals have been received for construction of air cargo hubs in and around Special Economic Zones or industrial areas.
One of the proposals was to establish an exclusive air- cargo hub at at the SEZ in Dabra - about 20 km from Gwalior.
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First Published: Tue, Jan 06 2009. 05 24 PM IST