Federation of Freight Forwarders’ Associationsin India (FFFAI) women’s wing under the leadership of Chairman Shankar Shinde held their second event – to coincide with the introduction and rolling out of Comprehensive Economic Partnership Agreement (CEPA) on May 01 – Free Trade Agreement (FTA) the Government of India has signed with United Arab Emirates.
The interactive session saw deliberations on negotiation concepts and role of stakeholders and benefits to enhance the trade, having welcomed Parul Singh, Deputy Secretary, Ministry of Commerce and Industry for further enlightening the participants.
During his welcome address extending warm welcome to all, Shinde spoke about how this FTA with UAE was going to be very important, strengthen the ties between India and UAE even more, the business that would be generated because of this FTA and thanked all for joining on women’s wing on FFFAI Platform.
The session with Parul Singh was very engaging, interactive and well attended with over 65 participants. Singh's presentation on CEPA, explanation about how CEPA came about, the highlights of the FTA were most informative. She informed that the first gems and jewellery consignment from Delhi to Dubai was shipped under the FTA.
The FTA is complimentary to The GoI’s Aatmanirbhar Bharat and not contradictory to each other. Chaitaly Mehta the moderator of the event recounted her first meeting with Singh in Dubai for an event being impressed her.
As the name suggests, CEPA is more comprehensive and ambitious than an FTA in terms of partnership across a wider coverage of areas and the type of commitments. While a traditional FTA focusses mainly on goods; a CEPA is more ambitious in terms of a holistic coverage of many areas like services, investment, IPR, government procurement, disputes etc.
Also, for the first time in any Trade Agreement, a separate Annex on Pharmaceuticals has been incorporated to facilitate access of Indian pharmaceuticals products. Pls see points 11 & 12 below.
A few of the important things to be noted about the CEPA FTA are:
*The first FTA to be signed by the GOI in last 10 years.
*UAE was a natural choice because UAE is the ninth largest investor in India. India was the first largest export destination for UAE in 2019 and for India UAE is the third largest trading partner with Bilateral trade of US$59 billion in FY2019-20 and second largest export destination for the same year with exports of US$29 billion.
*It was the fastest negotiated comprehensive bilateral FTA covering 12000 products/881 pages with eight-digit codes. *Negotiations were completed in a record 88 days during COVID.
*Most ambitious FTA negotiated by both sides covering all aspects of the economy.
*Wide range of Consultations held with all stakeholders, including trade and industry associations, line Ministries and Export Promotion Councils/Boards.
*Creation of new employment opportunities across sectors particularly Gems and Jewellery, Textiles/Apparels, Leather, Plastics, Agro-Processing and Engineering sectors.
*Overseas job creations for Indians in UAE.
*Overall, the UAE is offering duty elimination on over 97% of its Tariff Lines which account for 99% of Indian Exports to the UAE.
*Only Direct exports will be eligible to avail concessions under the Agreement. Transhipped goods/reports are excluded.
*Condition of “melt and pour” as Product Specific Rule for Steel products for the first time introduced in an Indian FTA.
*India’s First Mutual Recognition Agreement: a separate Annex on Pharmaceuticals is there to facilitate access of Indian generic medicines.
*Indian medicines will now get Automatic Registration and Marketing Authorisation in 90 days for products approved by the relevant Regulatory Authorities of Australia, Canada, European Union, Japan, The United States of America and United Kingdom.
*A breakthrough feature of the CEPA is the definitive permanent safeguard mechanism which has been agreed upon and can be restored to in a situation of sudden surge of imports.
*Larger access for Indian products and goods to Middle East and Africa Markets as UAE is a gateway to all of Africa.
*Rules of Region – no re-export by UAE under CEPA and hence re-exports don’t enjoy CEPA benefits.
*Market Access Commitment by UAE in 111 out of 160 sub sectors.
*Certificate of Origin to be issued by Ministry of Economy and not the Chamber of Commerce.
The Q&A session saw large participation and questions ranged on CAROTAR to Logistics sector being excluded from CEPA to CEPA requiring to be completely and totally on the digital platform like the South Korean FTA which according to the Logistics Industry is one of the best models of FTA with India to Gati Shakti- advantages and game changer for the Logistics Industry.
According to Singh, the FTA agreement is equitable and just. It is a win-win situation for all. The team from the Ministry of Commerce and Industry working on CEPA were divided into 7/8 areas. Dr Sheetal Reddy was the chief negotiator.
The vote of thanks was given by Philomena Pereira, mentor to the women’s wing.
FFFAI says it looks forward to more such sessions with the Ministry of Commerce and Industry with more FTAs in pipeline. "It is indeed a very interesting time to be in the EXIM trade," the trade body expressed.
The Federation of Freight Forwarders’ Associations in India (FFFAI) held its 6th EC Meeting for the term 2021-23 on May 27 and 28 in Bengaluru. The meeting was attended by the Office Bearers and 28 Member Association representative of FFFAI from across the country, there were many issues discussed and updates provided concerning customs, CBLR, EDI, Service Tax/GST, logistics, air cargo, sea cargo, skill development,importance of social media which FFFAI has expanded recently, technology developments, etc. The special focus of the 6th EC meeting was the updates on forthcoming 24th Biennial Convention of FFFAI to be held from August 12 to 14, 2022 in Chennai with the theme LOGISTICS RESHAPE, EMBRACE AND SURGE IN THE DIGITAL ERA. At this EC meeting, FFFAI also implemented Digital Learning platform for members and next generation for e-learning. It has been decided that FFFAI would initiate FIATA eFBL here in India to benefit the trade, which empowers customs brokers, freight forwarders and logistics service providers. In addition, updates on the recently held FIATA HQ Meet was also provided by the concerned members of FFFAI. FFFAI members present at this EC meeting stressed upon enhancing productivity on ICEGATE for trade facilitation and Ease of Doing Business. The FFFAI members also urged for creating a dedicated portal for LSP integration. As regard to skill development initiatives, IIFF’s (training arm of FFFAI) past and forthcoming training programmes (both online and classroom/physical) for the entire logistics industry were presented at the EC meeting. In addition, FFFAI’s various initiatives on capacity building through technology/IT also discussed withadequate importance. Recent activities of FFFAI Women’s Wing including organising interactive meetings with Government of India officials and industry experts were highlighted at this meeting which drew huge appreciation from the members. The members committed to expand the activities of the Women’s Wing in all the 28 member association locations to empower/encourage the women logistics practitioners. At this EC meeting FFFAI has signed an MoU with the National Institute of Industrial Engineering (NITIE) with an objective of skilling the aspiring candidates looking for opportunities in the logistics sector. Notably, a special session was organised at this 6th EC Meeting where N Sivasailam, former Special Secretary (Logistics), Ministry of Commerce, Government of India was present to address the FFFAI members and highlight the recent initiatives of the government in strengthening the logistics infrastructure, thereby leading in increase of international trade through multimodal connectivity and faster cargo clearance. He projected the ambitious growth potential of the logistics industry in India with a strong collaboration between government and industry people. Also speaking on the occasion was Bani Bhattacharya, IRS, who interacted with members of FFFAI on various initiatives of CBIC for the trade facilitation without human intervention. FFFAI Chairman Shankar Shinde thanked all the 28 associations for their support and appreciated the contribution of CBIC/DG systems trade facilitation measures. FFFAI Member Associations are: 1. Ahmedabad Custom Brokers' Association2. Aurangabad Customs House Agents Association3. Association of Custom House Agents Thiruvanthapuram4. Bangalore Custom House Agents Association5. Brihnamumbai Custom Brokers Association6. Calcutta Customs House Agents Association7. Chennai Customs House Agents Association8. Cochin Customs Brokers' Association9. Coimbatore Customs House and Steamer Agents Association10. Custom Brokers Association Hyderabad11. Delhi Customs Brokers Association12. Goa Custom Brokers Association13.Indore Customs House Agents Association14. The Kakinada Customs Brokers Association15. Kandla Custom Brokers Association16. Kanpur Customs Brokers Association17. Ludhiana Customs House Agents Association18. Mangalore Customs House Agents Association19. Mundra Customs Brokers Association20. Nagpur Customs House Agents Association21. Nashik Customs House Agents Association22. Nadia Custom Brokers Association23. Pipavav Custom Brokers Association24. Pune Customs House Agents Association25. Rajasthan Customs House Agents Association26.Tuticorin Custom Brokers Association27.Visakhapatnam Cusotms Brokers' Association28.West Bengal Custom House Agents Society FFFAI welcomes Women in Logistics/Youth in Logistics to participate on FFFAI forums and also invites membership application form logistics service providers in industry as this is a big national and international forum to network.
Ecom Express Limited, India’s sole pure-play B2C e-commerce logistics provider as of the Financial Year 2024, has introduced a new brand identity, underscoring its commitment to customer-centricity. This rebranding reflects a focus on addressing specific customer needs, prioritising customer-facing metrics, and integrating innovative technology across its nationwide express logistics network. The goal is to enhance speed, agility, and network reach, ensuring a customer-focused approach. The rebranding includes a dynamic logo and a refreshed visual identity, symbolising Ecom Express’s pursuit of excellence. The new logo features a forward-moving arrow within a square, representing the company’s dedication to delivery. The letter "E" in the logo stands for Expression, Innovation, and Progress, while the bold magenta colour signifies bravery, self-expression, and strength. This vibrant magenta reintroduction reflects Ecom Express's renewed commitment to customers, partners, and team members, as the company aims to simplify and democratise logistics for all. Ajay Chitkara, CEO and MD of Ecom Express, elaborated on the transformation, stating, “Our refreshed brand identity reaffirms our customer-first approach as we continue to integrate technology and innovation to provide reliable, high-speed services with the widest network reach. This transformation also underscores our commitment to our employees and delivery partners, who are essential to our business.” The new logo embodies Ecom Express’s dedication to its core values, focusing on customer welfare and fostering a diverse, inclusive environment. This rebranding signifies a promise to redefine logistics through advanced technology, making life easier for all types of customers.
ESR India, the largest APAC focused industrial and logistics real estate platform, has inked a Memorandum of Understanding (MoU) with the Government of Tamil Nadu for a potential investment of INR 550 crores. The MOU is signed for the launch of two industrial parks in Kancheepuram and Krishnagiri districts of the state over the next five years. Once fully operational, the two projects have the potential to create over 4,400 jobs in the facility, that shall boost the overall socio-economic growth in the region. The MoU was signed at the Investment Conclave 2021 conference held today. It will facilitate ESR India’s proposed investment at Kancheepuram and Krishnagiri industrial parks by helping in streamlining land acquisition, approvals, clearances, and administrative processes as per existing policies, rules, and regulations of the Government of Tamil Nadu. The policy and regulatory reforms unveiled in recent times has accentuated the entry of international institutional players and has set new benchmarks for industrial developments in the country. Commenting on the development, Abhijit Malkani, CEO and Country Head, ESR India said, “We are delighted to announce our affiliation with the state government. The Government of Tamil Nadu has been very supportive in encouraging industrial developments in the state by creating a favourable business climate for industrial players. The MoU will see ESR invest INR 550 crores to develop industrial parks in Tamil Nadu, offering 1,800 direct and 2,600 indirect job opportunities in the facility.” “Our goals are aligned with the vision of the Tamil Nadu government, to create avenues to increase business and trade inclusion opportunities and employment towards garnering better economic growth in the region,” he further stated. ESR India is currently present across 9 cities and 15 locations with a total GFA of 18 mn sq ft. These state-of-the-art facilities will be developed upholding the best practices for ESG and sustainability.
The Uttar Pradesh government is set to develop a multi-modal logistics hub (MMLH) in Greater Noida’s Dadri, investing Rs 7,064 crore to support its $1 trillion economy goal. This hub will cover 823 acres, with a core development area spanning 455 acres. Key developments include commercial and administrative facilities over 17.5 acres, a rail yard, and other projects across 350 acres. Under Chief Minister Yogi Adityanath’s directives, a detailed action plan has been designed to expedite these initiatives. The Dadri MMLH aims to become a world-class freight handling facility, functioning as a dry port to ensure the swift transit of goods and raw materials. This project is poised to be India's largest logistics hub. Located on the eastern and western dedicated freight corridors, it will serve as a central hub for container handling, warehousing, cold storage, processing, de-stuffing, stuffing, and value-added packing. Providing seamless rail connectivity, the hub will feature rail platforms, customs clearance facilities, cargo segregation areas, truck parking zones, and extensive green spaces. The project is being developed under the Public-Private Partnership (PPP) model, supervised by the Greater Noida Industrial Development Authority and adhering to the guidelines of the National Industrial Corridor Development and Implementation Trust (NICDIT). The Greater Noida Industrial Development Authority has prepared the Master Detailed Project Report (DPR) for constructing the approach track and Rail Over Rail (ROR) bridge from New Dadri station to the MMLH boundary. The Dedicated Freight Corridor Corporation of India (DFCCIL) has approved the DPR for railway tracks and terminal stations within the MMLH. Additionally, the tender documentation for land acquisition and signaling processes for the approach track has been finalized. Concurrently, the development of trunk infrastructure, including boundary work, roads, canals, bridges, utility relocation, and water and power supply, is progressing through various phases.
The Uttar Pradesh government is set to develop a multi-modal logistics hub (MMLH) in Greater Noida’s Dadri, investing Rs 7,064 crore to support its $1 trillion economy goal. This hub will cover 823 acres, with a core development area spanning 455 acres. Key developments include commercial and administrative facilities over 17.5 acres, a rail yard, and other projects across 350 acres. Under Chief Minister Yogi Adityanath’s directives, a detailed action plan has been designed to expedite these initiatives. The Dadri MMLH aims to become a world-class freight handling facility, functioning as a dry port to ensure the swift transit of goods and raw materials. This project is poised to be India's largest logistics hub. Located on the eastern and western dedicated freight corridors, it will serve as a central hub for container handling, warehousing, cold storage, processing, de-stuffing, stuffing, and value-added packing. Providing seamless rail connectivity, the hub will feature rail platforms, customs clearance facilities, cargo segregation areas, truck parking zones, and extensive green spaces. The project is being developed under the Public-Private Partnership (PPP) model, supervised by the Greater Noida Industrial Development Authority and adhering to the guidelines of the National Industrial Corridor Development and Implementation Trust (NICDIT). The Greater Noida Industrial Development Authority has prepared the Master Detailed Project Report (DPR) for constructing the approach track and Rail Over Rail (ROR) bridge from New Dadri station to the MMLH boundary. The Dedicated Freight Corridor Corporation of India (DFCCIL) has approved the DPR for railway tracks and terminal stations within the MMLH. Additionally, the tender documentation for land acquisition and signaling processes for the approach track has been finalized. Concurrently, the development of trunk infrastructure, including boundary work, roads, canals, bridges, utility relocation, and water and power supply, is progressing through various phases.
The Indian Railways has unveiled an innovative new look for the Vande Bharat goods carrier, designed to enhance efficiency in freight transport across the nation. This state-of-the-art freight train features advanced technology and modern design, aimed at reducing transit times and improving the overall supply chain network. Equipped with upgraded features, the Vande Bharat goods carrier can transport a wide variety of goods, ensuring a more reliable and faster delivery system. The initiative is part of a broader strategy to modernise India's logistics infrastructure and promote the use of railways for cargo movement, which is essential for sustainable economic growth. This new freight carrier will not only help in decongesting road transport but also contribute to reducing carbon emissions, aligning with the government's commitment to environmental sustainability. With its introduction, Indian Railways aims to enhance cargo capacity and operational efficiency, providing a significant boost to the logistics sector. As the demand for efficient logistics solutions continues to rise, the Vande Bharat goods carrier is poised to play a crucial role in shaping the future of freight transportation in India.
The Zero Emission Port Alliance (ZEPA) has recently announced the onboarding of 11 key organisations from the container port industry. Notable members include APM Terminals (APMT), CATL, DP World, Kempower, Patrick Terminals, Port of Aarhus, Port of Rotterdam, Rocsys, Sany, SSA Marine, and ZPMC. These members are united in their commitment to accelerate the adoption of Battery-Electric Container Handling Equipment (BE-CHE). ZEPA aims to significantly advance port decarbonisation efforts, making BE-CHE both affordable and accessible within the next decade. In recent months, ZEPA has conducted working sessions, initial analyses, and held its first formal Steering Committee during the TOC Europe conference on June 11. The Steering Committee, which met at TOC Europe in Rotterdam, emphasized the importance of their collective membership in reducing emissions and achieving Total Cost of Ownership parity for battery-electric equipment compared to diesel. Industry leaders underscored that rapid change is achievable through cross-value chain collaboration. ZEPA's initiatives are meticulously designed and implemented in compliance with anti-trust and competition laws, with oversight from external legal counsel to ensure transparency and legality. Sahar Rashidbeigi, Global Head of Decarbonisation at APMT, reflected on ZEPA’s progress: “Reflecting on our journey, it is incredible to see how far we have come since defining the problem at last year’s TOC Europe conference. From the ‘tipping point’ White Paper nine months ago to launching ZEPA with DP World in December during COP28, and now onboarding 11 key members across the value chain, our progress highlights that we are addressing a valuable problem that resonates across the industry, and it affirms our conviction that collaboration is essential to tackle it effectively.” ZEPA's collective effort marks a pivotal step in the pursuit of sustainable and zero-emission port operations, showcasing the power of industry-wide cooperation in combating climate change.
Ekart introduced a new ‘Refinish Service’ to tackle the challenges of returns management in the fashion and lifestyle sector. This innovative service enables retailers to refurbish over 90 percent of returned inventory, helping brands mitigate losses and maximise revenue potential. The Refinish Service is designed for direct-to-consumer (D2C), e-commerce, and retail players in the fashion and lifestyle segments. It also caters to other industries, including footwear, handbags, accessories, and home and decor products such as curtains, bed sheets, and blankets. With a combined processing capacity of 55,000 units daily, Ekart employs best-in-class machinery and energy-conserving technologies. The refinishing process at Ekart's facilities involves rigorous quality checks, stain removal, box replacement, ironing, stitching (if needed), and final quality control to ensure the finesse of refurbished products. Mani Bhushan, Chief Business Officer of Ekart, commented, “By harnessing cutting-edge technology and sustainable practices, the refinishing service empowers brands to optimise their supply chains and drive positive change on a broader scale. The service sets a new standard for returns management, demonstrating our commitment to innovation, efficiency, and sustainability.” Ekart operates Refinish centers across major demand clusters in India, including Gurgaon, Mumbai, Bangalore, and Kolkata. These strategically located centers facilitate swift return processing and reduce transport costs for brands. The facilities are equipped with advanced machinery, including up-steam tables, steam vacuum tables, and industry-leading foam finishers, ensuring thorough and efficient processing of returned inventory. Ekart's Refinish Service marks a significant step forward in returns management, offering a sustainable and efficient solution that benefits both retailers and the environment.
