Friday, February 10, 2023

India gives thumbs-up to a vital sea-air route for Bangladeshi exports

To boost regional trade hub ambitions, the Indian government has approved Bangladesh’s transhipment cargo to be handled at the Delhi Air Cargo complex.

 An air freight window for Bangladesh transit cargo will be available from 15 February, according to India’s Central Board of Excise and Customs (CBEC).

Since June 2020, Bangladesh shippers have had air freight access from the Kolkata air cargo complex, but the fewer flight connections there, including for freighters, had put pressure on their ability to take advantage of this alternative trade corridor.

CBEC said using the Delhi Air Cargo facility as well would improve cargo evacuation and logistics efficiency.

“Goods, loaded on containers/close-bodied trucks, enter India from LCS Petrapole and move by road to Kolkata, from where they are airlifted and transported to third countries,” said CBEC. Petrapole is the most sought-after ‘land customs station’ along the India-Bangladesh border.

According to Vineet Malhotra, co-founder and director at Kale Logistics Solutions, Delhi Air Cargo is one of the leading air freight hubs in the region and the improved connectivity will be a boost for Bangladesh’s export industry.

“Transhipment through India can also lead to significant cost savings for Bangladeshi exporters, as it allows them to take advantage of the lower air cargo rates and more competitive shipping options available through Delhi Air Cargo,” Mr Malhotra told The Loadstar.

10/02/2023 Angelo Mathais/Loadstar

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