Bangalore International Airport Limited (BIAL), the operators of Kempegowda International Airport, Bengaluru (KIAB/ BLR Airport) have announced the opening of India’s first on-Airport Public Bonded Warehouse, which will aid its efforts to develop the airport into a cargo hub. The airport is the third busiest cargo airport in India.
The 10,000 sq.ft warehouse facility will operated by Cargo Service Center (CSC) and will reduce supply chain costs and facilitate trade at India’s IT hub and surrounding regions.BLR Airport recorded a 92 percent growth in Cargo Air Traffic Movements in the first five months between April and August 2020 and processed 99,154 MT of cargo in that period.
“At BIAL, our vision is to make BLR Airport a cargo hub, equipped with state-of-the-art infrastructure and cutting-edge technology to deliver efficient operations. In order to simplify processes and meet customer demands with the help of key stakeholders, including the Bengaluru Customs, BIAL has taken this step to set up India’s first on-campus Public Bonded Warehouse. This demonstrates BIAL’s commitment to support the Airport cargo community, as well as bolster the growth of BLR Airport as a cargo hub,” said Satyaki Raghunath, Chief Strategy & Development Officer, BIAL.
The Public Bonded Warehouse will help re-export of goods, long-term storage of bonded cargo, assist in partial clearances and allow value-added services such as labeling, packing and repacking services.
BLR Airport offers the largest air cargo terminal in South India, with a handling capacity of 570,000 MT. It is the busiest and most preferred cargo terminal for manufacturers in South India and handles a large volume of imports.
“We are thrilled to partner with BIAL as an operator of the new Public Bonded Warehouse at BLR Airport. CSC is the largest cargo service provider in India, with a presence in Mumbai, Delhi and Ahmedabad. We already have a footprint at BLR Airport as an operator of the Cargo Village at the Airport. BLR Airport has tremendous potential to become the cargo hub for South India, and at CSC, we are excited to be part of this transformation,” said Tushar Jani, Group Chairman, CSC.
BIAL recently announced the implementation of the Air Cargo Community System (ACS) to streamline the air logistics supply chain and this digital platform will enable seamless collaboration between all stakeholders in the supply chain.
With more than 25 years of experience in defence publishing, Global Business Press and its industry leading titles Asian Defence Technology, Asian Airlines & Aerospace and Daily News are the leading defence publications in the region, present at more international shows and exhibitions than any other competing publication in the region.