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KOLKATA : The Indian Tea Association (ITA) expects to double exports to China in the next one year.

KOLKATA : The Indian Tea Association (ITA) expects to double exports to China in the next one year.

During January-October 2018, India exported 7.76 million kg (mkg) of tea to China valued at around Rs. 135 crore, a growth of over 19 per cent as compared to 6.5 mkg in the year-ago period. According to ITA Chairman Vivek Goenka, the numbers are likely to grow to close to 15 mkg by December 2019. […]

India’s merchandise exports to rise by 7% to $82 bn in Q3: Export-Import Bank of India

India’s merchandise exports to rise by 7% to $82 bn in Q3: Export-Import Bank of India

MUMBAI : The Export-Import Bank of India has said India’s merchandise shipments is expected to rise by 7 per cent to USD 82.39 billion during the third quarter this fiscal. Non-oil exports are projected to be increase by 7.2 per cent to USD 71.45 billion. Export-Import Bank of India forecasts India’s merchandise exports to witness […]

Kovai Airport creates history as IL-76 carries 15,000-kg machinery

Kovai Airport creates history as IL-76 carries 15,000-kg machinery

Coimbatore International Airport created history by transporting machinery weighing 15,000 kilogram to Guwahati on Sunday. COIMBATORE : Coimbatore International Airport created history by transporting machinery weighing 15,000 kilogram to Guwahati on Sunday. A giant IL-76 aircraft was brought in from a Gulf country specifically to handle this transport.The airport’s cargo officials said, “An industry from Coimbatore […]

Shipping Ministry Stages A Coup, Develops Thoothukudi VOC Port As Transshipment Hub

Shipping Ministry Stages A Coup, Develops Thoothukudi VOC Port As Transshipment Hub

Why 12 December could go down as a defining moment for Thoothukudi VOC Port in sea freight history. On 22 November this year, the V O Chidambaranar Port in Thoothukudi came out with a trade notice that looked like any other. But not many understood the impact it could have on sea freight, especially to […]

INTERNET OF THINGS

INTERNET OF THINGS

The Internet of Things (IoT) has played an important role in the road transport industry and is widely used, from temperature control and predictive downtime to reducing the risk of vehicle flat tires. According to a survey released by Statista, the manufacturing, transportation, logistics and accessories industries will invest $40 billion in IoT platforms, systems and services […]

Warehouses hot in India as online retail booms

Warehouses hot in India as online retail booms

India’s burgeoning logistics sector is gaining favor with property developers and investors, boosted by a growing consumer class’s embrace of online shopping. With the nation’s residential market in the doldrums and good quality office space in short supply, logistics assets are attracting global players such as Brookfield Asset Management Inc., Canada Pension Plan Investment Board […]

JOB WORK AND REIMPORT

JOB WORK AND REIMPORT

Each client has her own requirement.  Requirements are not just vanilla type customs clearance alone.  Some times, they go beyond all these regulatory compliance but also cost reduction or cost management of transport.  The solution, some times calls for imaginative use of available resources so that the three objectives of cost management, regulatory compliance and […]

India’s first container movement on inland waterways with PepsiCo on-board

India’s first container movement on inland waterways with PepsiCo on-board

India’s first container movement on inland waterways with PepsiCo on-board In a first, the Inland Waterways Authority of India (IWAI) will transport container cargo belonging to the food and beverage giant PepsiCo (India) from Kolkata to Varanasi on river Ganga (National Waterway-1). “It will be country’s first container movement on Inland Vessel post-independence scheduled on […]