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A comprehensive dialogue to address the reservations of India and UK in the way to renew their trade ties is needed badly. The stumbling blocks are not that big to wait that long for a trade agreement encompasses at least major sectors. Before moving forward, it is necessary to prepare the structure to hold the pressure and keep things flowing, that is why recently a leading airline cargo CEO emphasizes the need to invest in freight forwarding infrastructure. It is important to keep the cargo traffic momentum up. At first, analyze the shortcomings and then table the solutions.
It has been well established that market has grown to a level that needs sophisticated cargo traffic system at airports in particular. First two quarters of this year are healthy growth of air cargo and Parcels to India has been noticed by all key players of the industry. These positive indicators have pushed the concerned parties to talk about the present situation of this sector in the country.
Freight forwarding and cargo handling sectors are viable only in those countries that have parity of inbound and outbound demand. Otherwise it becomes hard to offer the service for a destination and rates also become higher. Pharmaceutical sector is one of the hottest areas and to keep the quality intact of these sensitive products facility of temperature controlled areas has been provided at many international airports of the country.
Fashion wears of UK and other western nations are also welcomed in the biggest democracy of the world. A second quarter of the year has marked with growth of import of earlier described two products. Air freight charges in Asia are on the rise though but most companies are targeting this region for their future. Increase in demand could be behind surge in charges.
A bright future of two way cargo traffic has kept the authorities engaged to evolve a draft that would be acceptable for both partners of this free trade deal. The reservations are petty and can be eliminated by revisiting some policies. New companies are arriving in the business to share the burden of this route. These service providers are also introducing new technology and better cooperation to offer lower rates to their clients and ensure satisfaction of clients. Some of the freight forwarding agents have years of experience for this destination and they claim specialized services for UK exporters to India.
Somewhat similar positive results have been witnessed at seaports of the country in first half of this year. Particularly figures of major ports show this upward trend. More manufacturing has pushed demand of energy fuel, iron and other materials to meet them imports from around the globe were obvious.
To keep this flow smooth the need of cohesive system and of infrastructure are quite understandable. Trade ties of Britain and India is part of full scale bilateral relations but it is one of the most vital elements.
