Bengaluru gets India’s first On-Airport public bonded warehouse


Indian Express

Write Comment     |     E-Mail To a Friend     |     Facebook     |     Twitter     |     Print


Bengaluru gets India’s first On-Airport public bonded warehouse

The facility — covering an area of 10,000 square feet — is expected to help re-export of goods, in long-term storage of bonded cargo, to assist in partial clearances, and to allow labeling, packing, and repacking services.

The Bengaluru International Airport Limited (BIAL) which operates the Kempegowda International Airport (KIA) Friday announced the opening of the On-Airport Public-bonded warehouse, claiming to be India’s first airport to do so.

“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,” Satyaki Raghunath, Chief Strategy & Development Officer, BIAL told Indianexpress.com.

The facility — covering an area of 10,000 square feet — is expected to help re-export of goods, in long-term storage of bonded cargo, to assist in partial clearances, and to allow labeling, packing, and repacking services.

While the warehouse facility will be under the jurisdiction of the City Commissionerate, of Bengaluru Customs, it is also regarded to reduce supply chain costs and facilitate trade at India’s IT hub and surrounding regions. With IT & Biotechnology (BT) companies, multinational firms, and retail brands in Bengaluru handling a large volume of imports, experts add that the new facility will play a significant role in boosting the economy of the region. Bengaluru Airport is also regarded as the busiest cargo terminal for manufacturers in South India.

At the same time, Group Chairman of Cargo Service Center (CSC) India Private Limited Tushar Jani said, “We are thrilled to partner with BIAL as an operator of the new Public Bonded Warehouse at BLR Airport. The Airport has tremendous potential to become the cargo hub for South India.”

Meanwhile, KIA had processed 99,154 MT of cargo between April and August 2020, recording a 92 per cent growth in Cargo Air Traffic Movements. With a handling capacity of 570,000 MT and an average travel time of nine hours from major manufacturing clusters across south India, the cargo terminal at Bengaluru is also the largest in the region.

According to BIAL officials, BLR Airport is emerging as the preferred cargo gateway for industries from the region, making it the third busiest Cargo Airport in the Country and the busiest in South India.

BIAL officials added that the recently announced Air Cargo Community System (ACS) in the Aiport has contributed towards streamlining the air logistics supply chain. “This digital platform has enabled seamless collaboration between all stakeholders in the supply chain to deliver superior and efficient cargo operations at the BLR Airport,” a spokesperson of the Airport said.

 

Write your Comments on this Article
Your Name
Native Place / Place of Residence
Your E-mail
Your Comment   You have characters left.
Security Validation
Enter the characters in the image above
    
Disclaimer: Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Kemmannu.com will not be responsible for any defamatory message posted under this article.
Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on kemmannu.com to provide the IP address and other details of senders of such comments, to the authority concerned upon request. Hence, sending offensive comments using kemmannu.com will be purely at your own risk, and in no way will Kemmannu.com be held responsible.
Similarly, Kemmannu.com reserves the right to edit / block / delete the messages without notice any content received from readers.




BIGGEST FLOOD IN 46 YEARS, KEMMANNU - UDUPI
View More

Happy Birthday to Dear Fr. Ferdinand Gonsalves.Happy Birthday to Dear Fr. Ferdinand Gonsalves.
Contact on Going Residential ProjectAl Nayaab Residency, UdupiContact on Going Residential ProjectAl Nayaab Residency, Udupi
Cool House Construction, Udupi.Cool House Construction, Udupi.
Now Open - Kallianpura Rotary Dialysis Center at Goretti Hospital, Santhekatte.Now Open - Kallianpura Rotary Dialysis Center at Goretti Hospital, Santhekatte.
Computerised Clinical Laboratory, Kemmannu.Computerised Clinical Laboratory, Kemmannu.
Milarchi Lara - Bulletin Issue July 2020.Milarchi Lara - Bulletin Issue July 2020.
Cut down your medical expenses. With Manipal Arogya CardCut down your medical expenses. With Manipal Arogya Card
Choice Furniture vast household showroom opens at Santhekatte, KallianpurChoice Furniture vast household showroom opens at Santhekatte, Kallianpur
Focus Studio, Near Hotel Kidiyoor, UdupiFocus Studio, Near Hotel Kidiyoor, Udupi
Canara Beach Restaurant, Hoode/Bengre, Udupi.Canara Beach Restaurant, Hoode/Bengre, Udupi.
Delite Catering, SanthekatteDelite Catering, Santhekatte
Welcome to Thonse Naturecure HospitalWelcome to Thonse Naturecure Hospital
St. Alphonsa of India