More than 5,000 containers are now being used as warehouses for a nominal fee.
Posted Date – 11:34 PM, Wednesday – 11/23/22
More than 5,000 containers are now being used as warehouses for a nominal fee.
Hyderabad: Indian container company converts its containers into warehouses to reduce customer investment. More than 5,000 containers are now being used as warehouses for a nominal fee. V Kalyana Rama, chairman and managing director of Indian Containers, said demand is expected to reach 10,000 containers soon, which will help reduce logistics costs and provide convenience in transportation.
It also devises a cost-effective way of handling cement, he told an international conference on shipping and logistics organized by the industry body in Hyderabad on Wednesday. The conference focuses on innovative concepts, models, tools for shipping, air cargo, road and rail transport as well as warehousing.
About 96% of trade is carried by sea. Captain Deepak Tewari, president of the Association of Container Lines, said the volumes had bounced back to the pre-Covid era, with some 171.6 MTEU handled in 2021, up from 156 MTUE in 2020.
Hyderabad’s 5,500-acre greenfield airport is fully integrated for the future. It serves the integrated ecosystem while meeting transportation needs. GMR Airport Executive Director (South) SGK Kishore said that Pharmaceutical City, Hardware Park, etc. are some of the integrated ecosystems around the airport.
FTCCI chairman Anil Agarwal said there is a lot of room for growth in the logistics sector due to the national logistics policy as well as that of Telangana. He said the conference will be a catalyst for the growth and development of the logistics industry in the region, especially in Telangana.
