Concor to run Mumbai cargo terminal

The Container Corporation of India (Concor) will run the cargo terminal at the Chatrapati Shivaji International Airport in Mumbai from 1 January 2014 and has incorporated a new company, Concor Air, for the purpose.


Concor to run Mumbai cargo terminal


The Container Corporation of India (Concor) will run the cargo terminal at the Chatrapati Shivaji International Airport in Mumbai from 1 January 2014 and has incorporated a new company, Concor Air, for the purpose.

The GVK group, which runs Mumbai International Airport Pvt Ltd (MIAL), has informed the trade about the change. MIAL, which has exclusive rights to operate cargo terminals at the airport, invited bids to appoint a concessionaire to handle international cargo operations for three years. Concor Air will will handle all international cargo, the trade notice said.

But the move has rankled many in the industry because Concor’s expertise lies in rail, road and ocean cargo. “Concor has no expertise in running air cargo business,” said Firdos Fanibanda, secretary-general, Air Cargo Agents’ Association of India (ACAAI), according to a Business Line report. “This is a sad day for the industry. Either they are finding the business not lucrative enough to handle and want to cut cost or they are incapable of handling and do not have enough expertise,” said Fanibanda.

ACAAI argues that the government should re-examine the decision because of the potential to affect the economy. Mumbai airport handles nearly 40 per cent of the country’s air cargo, he told Business Line. Fanibanda added that there has been no infrastructure development since the time MIAL has taken over the airport.