China Exports to India but Lacks Air Freight Capacity: MGH Group CEO

13 Aug 2024 CW Team

Anis Ahmed, CEO of MGH Group, highlights a significant issue in China's trade relationship with India?while China is a major exporter to India, there is insufficient air freight capacity to support this trade effectively.

Key Details:

Export Challenges: Despite China's extensive export activities to India, the lack of adequate air freight capacity hampers efficient transportation and timely delivery of goods.

Air Freight Capacity Issues: The shortfall in air freight capacity affects the smooth flow of exports, potentially leading to delays and increased logistics costs.

Trade Dynamics: The imbalance between high export volumes and limited air freight options highlights a critical gap in the logistics infrastructure that needs addressing to support growing trade demands.

Industry Impact: The inefficiencies in air freight capacity could impact the overall trade relationship, affecting supply chains and market responsiveness.

Strategic Solutions: Addressing the air freight capacity issue is crucial for improving trade efficiency and supporting the robust trade relationship between China and India.

Overall, the commentary from MGH Group's CEO underscores the need for enhanced air freight infrastructure to match the scale of exports between China and India, aiming to improve trade logistics and operational efficiency.

Real Estate

21 May 2025

Kolkata鈥檚 luxury housing market sees price growth amid mixed trends

A new study by Nklusive reveals that Kolkata鈥檚 luxury residential market (Rs 5鈥�10 crore) recorded a 33 per cent year-on-year rise in supply and a 52 per cent increase in sales in calendar year 2024 (CY24). South Kolkata led with 78 per cent of the segment鈥檚 supply. The average price rose by 6 per cent鈥攆rom Rs 17,519 to Rs 18,600 per sq ft鈥攚hile unsold inventory grew by 15 per cent. Monthly absorption improved from 2 to 3 units.In contrast, the ultra-luxury segment (Rs 10 crore and above) experienced a 17 per cent decline in supply and a 30 per cent fall in sales. Central Kolkata acco..

Infrastructure Transport

21 May 2025

New Expressway to Cut Pune-Bengaluru Travel Time by Half

The upcoming Pune-Bengaluru Expressway is expected to significantly improve connectivity and economic opportunities across Maharashtra and Karnataka. This 700-kilometre greenfield, access-controlled highway will cut the travel time between Pune and Bengaluru from 15 hours to just 7 hours, facilitating easier movement for both commuters and businesses. Starting from Bommanal in Karnataka鈥檚 Athani Taluk, the expressway will traverse important districts such as Belagavi, Bagalkot, and Jamakhandi. It will then enter Maharashtra at Kanjle, connect with the proposed Pune Ring Road, and pass throug..

Infrastructure Transport

21 May 2025

Nagpur鈥檚 Koradi Naka to Get Y-Shaped Flyover for Safer, Smoother Traffic

To alleviate traffic congestion and enhance safety at Koradi Naka in Nagpur, a Y-shaped flyover is currently being constructed on National Highway 47. Demolition work has already commenced, with the main construction scheduled to start on June 20, 2025.The project, costing Rs 430.37 billion, involves building a 1,090-meter-long flyover that will connect Farsa, the Mahadula Railway Overbridge (ROB), and Bokhara Road, and will also feature an underpass. The existing structure will be repurposed into a service road to facilitate local traffic.Koradi Naka has been identified as a significant "blac..