Since its founding in 1963, IIFT has actively pursued all opportunities to develop itself as a recognised centre of excellence in global trade and commerce.

At the 16th IATA World Cargo Symposium (WCS) in Istanbul, Turkey, LATAM Cargo and Swiss Airtainer (SAT) were named the recipients of the IATA Air Cargo Innovation Awards for 2023.

The government has reduced the windfall tax on crude oil from ₹6,400 per tonne to ₹4,100 per tonne.

The China Merchants Group’s $392 million investment in a sizable logistics complex at Colombo Port marks the country’s first significant foreign investment since its recent economic crisis.

Spread over 4 lakh square feet, the new fulfilment centre will further strengthen Flipkart’s supply chain infrastructure in the state.

As per the World Bank’s Logistics Performance Index Report for 2023, India’s average container dwell time is only three days, compared to four to ten days for other nations.