Dubai Logistics City (DLC) is looking at key prospects from India’s globalisation process at Air Cargo India 2008.

The two-day event opened today (January 24) in Mumbai, India.

DLC is part of the world’s first truly integrated logistics and multi-modal transport platform within the giant Dubai World Central (DWC) urban aviation community being built in Jebel Ali, Dubai.

India, which has been projected to be a world economic superpower by 2020 by analysts globally, has revealed that its exports will touch $150 billion by 2008-09 – a significant opportunity for Dubai’s trading hub proposition.

“After the liberalisation of its economy in 1991, India followed with the opening up of its markets to global players and went on a fast track economic boom with an eight to nine per cent GDP growth per year,” said CEO, DLC, Michael Proffitt.

“The UAE continues to be India’s second largest trading partner in the GCC and with current attractive projections for its export market, India is a key market not just for DLC’s unique logistics platform but for Dubai’s business model too,” he added.
 
With the DWC, Al Maktoum International Airport, set to be the world’s largest airport, fully operational by 2015, DLC’s proposition as a one-stop logistics shop both inbound to the emerging sub-continent superpower and outbound to the consumer hungry markets of the West gains greater significance as India’s aviation projections complement Dubai’s booming transportation infrastructure.

Proffitt will highlight these points in a compelling case study through a keynote address on the opening day to win over investors, tenants and industry operators.

“With 50 per cent of the world’s air cargo still being transported in the aircraft belly, India’s air cargo and aviation sector growth is linked to the Middle East’s economic boom,” said DWC’s director for marketing and corporate communications Abdulla Al Falasi.

“DLC’s strategic geographical position and excellent infrastructure adds to Emirates push into India through connecting Dubai to most vital Indian cities. This will also enable Indian operators to use flights landing at the Al Maktoum International Airport, seamless transportation onward to other countries,” added Al Falasi. – TradeArabia News Service