CIAL to be hub for multimodal cargo network, says Kerala CM Vijayan
Kochi (Kerala) (PTI): Kerala Chief Minister Pinarayi Vijayan on Sunday announced that a multimodal cargo network integrating air, road, rail, and water routes will be established, with CIAL serving as its primary hub.
He was speaking while inaugurating the plenary session of the International Cargo Business Summit, organised by CIAL in association with FICCI, marking the 25th anniversary of Cochin International Airport Limited's cargo department.
The chief minister inaugurated the event by moving a gear lever on a cockpit model installed on the stage.
Vijayan stated that CIAL is striving to create a business environment favourable to Kerala's economic growth beyond just functioning as an airport.
He noted that CIAL handled over 65,000 metric tonne of cargo in the last financial year, and this is expected to rise to 74,000 tonne in the current fiscal year.
CIAL has provided a 50 per cent dividend to its investors and stands as a model for the entire country through its operations. Construction of three bridges benefiting four panchayats is also underway.
Furthermore, CIAL has begun the process of obtaining certification for handling pharmaceutical products, which will commence immediately upon approval.
In his presidential address, State Industries Minister P Rajeev mentioned that prominent global companies establishing logistics parks near CIAL would allow for greater utilisation of the airport's cargo potential.
He added that the presence of large-scale companies reflects the growth rate of cargo movement in the region.
The chief minister honoured institutions that demonstrated excellence in cargo exports during the ceremony.
CIAL Managing Director S Suhas delivered the welcome speech.
CIAL Cargo Department Head Satheesh Kumar R Pai delivered the vote of thanks.
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Punjab elect to bowl against Chennai in IPL match
Chennai (PTI): Punjab Kings skipper Shreyas Iyer won the toss and opted to bowl against Chennai Super Kings in an Indian Premier League match here on Friday.
CSK made one change to their playing XI, bringing in Prashant Veer in place of Matt Short.
CSK had lost to Rajasthan Royals by eight wickets in the opening match while Punjab Kings defeated Gujarat Titans by three wickets.
Teams:
Chennai Super Kings: Sanju Samson (w), Ruturaj Gaikwad (c), Ayush Mhatre, Sarfaraz Khan, Shivam Dube, Kartik Sharma, Prashant Veer, Noor Ahmad, Anshul Kamboj, Matt Henry, and Khaleel Ahmed.
Punjab Kings: Prabhsimran Singh (w), Cooper Connolly, Shreyas Iyer (c), Shashank Singh, Nehal Wadhera, Marcus Stoinis, Marco Jansen, Xavier Bartlett, Vijaykumar Vyshak, Arshdeep Singh, and Yuzvendra Chahal.
