Wednesday, December 15, 2021

Despite India-leading numbers, industry bodies rue airport frailties

Pune: Industry captains in the region believe better air cargo facilities and more focus on agriculture exports will further unlock the export potential of the region and the district.

Recent numbers from the Union Ministry of Commerce and Industry (MC&I) showed the district leading in engineering goods exports. Between April and September 2021, the district exported US$ 3,582.83 million worth of engineering goods, the highest in the country, among 30 districts surveyed in the MC&I report, as part of its export hubs initiative.

Others in Maharashtra included the Mumbai suburban district, which is one of the leading districts in terms of gems and jewellery exports.

Industry experts said exports in engineering goods, including in auto and capital goods, generate multifold employment than in gems and jewellery or oil and gas because of its multi-layered supply chain and vendor networks. The report also highlighted Pune’s export potential in agro industries as well as electronics and pharmaceuticals.

Industry groups, however, lamented the lack of progress in terms of a large passenger and cargo airport in Pune, the presence of which, they added, would catalyse further growth in the region. “What would catapult this progress further is the presence of a cargo airport in the region” said Prashant Girbane, the director-general of Mahratta Chamber of Commerce, Industry, and Agriculture.

15/12/21 Shiladitya Pandit/Times of India

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