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India’s Growth Story Continues: ADB Projects 6.7% GDP Growth for FY26

India’s economy is set to grow by 6.7% in FY2025-26, driven by strong domestic demand, rising rural incomes, and easing inflation, according to the Asian Development Bank (ADB) April 2025 outlook. Growth is expected to edge up to 6.8% in FY27, supported by tax incentives, infrastructure investments, and robust services and agriculture sectors.
While the RBI has trimmed its growth forecast to 6.5% for the current year, it has also cut the repo rate to 6% to support the economy—its second rate cut this year.

Key growth drivers include :

  • Boosted consumer confidence from lower inflation (4.3% projected for FY26)
  • A rebound in manufacturing
  • Expansion in health, education, and business services
  • Government’s ₹100 billion push for urban infrastructure

Risks remain from global uncertainties, including new US tariffs and volatile commodity prices, but India’s stable macro fundamentals offer a strong buffer.

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India’s Export Engine Keeps Humming in FY25

Logistics Companies globally are facing the crunch when it comes to IT Infrastructure Design and Deployment. The Management is mainly looking to solve their equations like.

Highlights in a flash

  • Goods: ₹37.44 lakh cr (US $437.4 bn). Electronics stole the show, while rice, coffee, tobacco, and pharma kept the boxes moving.
  • Services: ₹32.83 lakh cr (US $383.5 bn), jumping 12 % on surging IT‑BPM, cloud, and AI projects.
  • Star performers:
  • Electronics ₹3.3 lakh cr
  • Pharma ₹2.61 lakh cr
  • Rice ₹1.07 lakh cr
  • Coffee & tobacco added flavour.

Trade pulse

Imports climbed to ₹78.34 lakh cr (US $915.2 bn), widening the merchandise deficit to ₹24.21 lakh cr. A hefty services surplus of ₹16.17 lakh cr cushioned the blow.

Top lanes

  • Outbound favourites : USA, UK, Japan, UAE, France.
  • Key suppliers : UAE, China, Thailand, USA, Russia

Logistics takeaway

Rising high‑value electronics and pharma cargo means tighter capacity and premium handling demand. Stay nimble on US and Japan lanes, and watch for policy tweaks aimed at trimming the goods deficit.
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VOC Port Authority Rolls Out 24/7 Direct Port Entry—Turbo‑Charging Tamil Nadu’s Exports

Imagine skipping the long detour through a Container Freight Station and rolling straight up to the ship. That’s exactly what exporters can do now that V O Chidambaranar (VOC) Port Authority has switched on its brand‑new Direct Port Entry (DPE) lane for factory‑stuffed, e‑sealed containers.

Why this matters ?

Old Way

New DPE Way

Truck waits at a CFS for customs checks

Truck drives straight to the terminal, 24/7

Extra handling fees & paperwork

One touchpoint, lower cost

Longer dwell time on the docks

Faster gate‑in → quicker ship loading

By pairing DPE with its existing Direct Port Delivery (DPD) programme, VOC Port is gunning for minimal dwell time—the holy grail of port efficiency.

The fine print

  • Service charge:
    ₹135 + GST (20‑ft) | ₹162 + GST (>20‑ft)
    Payable by customs brokers
    (Trade Notice, 10 April)
  • Capacity check :
    Two container terminals—Dakshin Bharat Gateway Terminal & Tuticorin International Container Terminal—jointly handle 1.35 million TEUs.
  • Growth snapshot (FY ’25) :
    7,95,222 TEUs, up 6.4 % YoY.

Big picture

Tamil Nadu’s exporters—from automotive parts to agri‑produce—stand to shave hours (sometimes days) off their supply‑chain clocks. And with nearly 8 lakh TEUs already moving through VOC last year, the port’s “direct‑to‑deck” shortcut could be a logistics game‑changer for South India.
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Coastal Shipping Bill, 2024 sails through Lok Sabha

Why it matters :

India finally has a modern, purpose‑built law for moving cargo along its 7,500‑km coastline—promising cheaper logistics, cleaner transport, and a huge shot in the arm for “Make in India”.

At‑a‑glance highlights :

  • Dedicated coastal‑trade law replaces 1958 provisions with a future‑ready framework.
  • Indian ships, fewer hurdles: general trading licence scrapped for desi vessels.
  • Foreign ships, clearer rules : must obtain a coastal‑trade licence from the DG Shipping.
  • National Coastal & Inland Shipping Strategic Plan—updated every two years—to sync routes, traffic forecasts, ports and waterways.
  • Charterer pool widened : Indian citizens, NRIs, OCIs and LLPs can now hire foreign tonnage.
  • Integrated networks : mandates seamless links between seaports and inland waterways.
  • One‑stop National Database for transparency and data‑driven decisions.
  • Jobs & investment : expected surge in shipbuilding, port services and maritime manpower.
  • Greener logistics : shifts bulk cargo from congested highways/rails to low‑emission ships.

What changes on the ground ?

Then (Merchant Shipping Act, 1958)

Now (Coastal Shipping Bill, 2024)

Coastal trade governed by scattered clauses

Single, holistic statute dedicated to cabotage

Generic vessel‑licensing focus

End‑to‑end ecosystem: licensing, planning, data, enforcement

No strategic roadmap

Biennial national plan + state representation

Limited charter options

Wider charterer base, encourages private participation

Penalty provisions with jail terms

De‑criminalised, monetary penalties dominate

Big-picture impact

  • Cost advantage: sea freight is up to 60 % cheaper per tonne‑km than road
  • Traffic relief: targets 230 MT of coastal cargo by 2030 (162 MT in 2023‑24).
  • Climate boost: lower CO₂ per tonne‑km helps India inch toward its net‑zero pledge.
  • Regional unlock: coastal–riverine synergy could revive economies in Odisha, Karnataka, Goa and beyond.
  • Security & self‑reliance: larger Indian‑flag fleet cuts dependence on foreign hulls.
“This Bill propels India toward an efficient, sustainable and competitive maritime logistics network, true to the spirit of  Atmanirbhar Bharat.”
— Sarbananda Sonowal, Union Minister, Ports • Shipping • Waterways
Stay tuned—rules, licences and the first National Coastal & Inland Shipping Strategic Plan should roll out within the next few months. For shippers, port operators and logistics tech players alike, the tide is turning!
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India’s Pharma Juggernaut Powers Ahead

India’s pharmaceutical are still on a roll: pharma exports to the US jumped 14 % in April–Feb FY25, touching US $9.8 billion even off a hefty base, Pharmexcil data shows.
  • America still rules the prescription pad—it soaks up 36.6 % of all Indian pharma shipments.
  • Global lift : Overall pharma exports rose 7 % to US $26.8 billion, putting the full‑year tally on track for ~US $27 billion.
  • Risk radar : With talk of fresh US import tariffs, Indian manufacturers are scouting new frontiers in Europe, Africa, and emerging markets to keep growth humming.
Logistics lens : Expect steady volumes of time‑sensitive, high‑value pharma freight heading west—plus a pivot toward alternative lanes as exporters hedge against tariff risk. Tighten your cold‑chain and compliance game to stay ahead.
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Indian Railways Sets Its Biggest Freight Target Yet: 1.7 Billion Tonnes for FY 2025‑26

Indian Railways has fired the starting pistol on an ambitious race: move 1,702.5 million tonnes of cargo in the next financial year. That’s a hefty 5.2 % jump over the 1,617 MT hauled in FY 2024‑25—and the highest target the Railway Board has ever set.

Why the bold push?

  • Freight is the cash engine. Every additional tonne goes straight to the revenue line, helping the network fund everything from track renewals to shiny new Vande Bharats
  • Coal still rules the rails. With more than half of all wagon space taken up by coal, zones sitting atop India’s mining belt—Odisha, Chhattisgarh, Jharkhand—wear the revenue crown.
  • Ports are humming. East‑coast gateways like Paradip, Dhamra, Vizag and Gangavaram are shipping out record volumes of iron ore and alumina, and they all lean on rail to keep their yards fluid.
During a meeting with export promotion councils and industry bodies, Commerce and Industry Minister Piyush Goyal commended exporters for their resilience and reaffirmed the government’s support amid challenges like rising U.S. tariffs.
Exporters have urged continued proactive measures to sustain momentum in an evolving global trade environment.

Zone‑by‑zone bragging rights

  • East Coast Railway (ECoR) leads the pack—again. After topping FY 24‑25 with 259 MT, ECoR has been handed a beefy 275 MT challenge for the year ahead.
  • Three other heavy‑hitters—South East Central, East Central and South Eastern—each get targets north of 200 MT, reflecting their coal and steel corridors.
  • South Central aims for 150 MT, while legacy giants Eastern and Western settle in at 107 MT and 102 MT respectively.
  • The remaining 11 zones will chip in anywhere between 2.5 MT (Konkan) and 86 MT (Central).

The takeaway

If the network delivers, India will edge closer to its vision of shifting freight away from highways and onto greener steel tracks—cutting emissions, unclogging roads and fattening the railway’s wallet all at once. The locomotive is rolling; FY 26 will show whether every zone can keep the wagons—and the revenue—on track.
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Evergreen Marine Launches CIX7 Service Linking Southeast Asia and East India

Evergreen Marine Corp. (Taiwan) Ltd. is set to launch its new CIX7 service on April 20, 2025, expanding its network with direct connections between Vietnam, Thailand, and East India.

Key Highlights :

  • Launch Date: April 20, 2025
  • First Voyage: Departs Cat Lai Port, Ho Chi Minh → Arrives Chennai on May 4, 2025
  • Round-trip Duration: 28 days (fixed schedule)
  • Joint Operators: Evergreen, Wan Hai Lines, RCL Feeder Pte Ltd, and Bengal Tiger Line
  • Fleet: 4 vessels (2,200 TEU capacity); Evergreen deploying 1 vessel

Port Rotation :

Ho Chi Minh – Laem Chabang – Singapore – Port Kelang (North) – Chennai – Vizag – Singapore – Port Kelang (North) – Singapore – Ho Chi Minh
Evergreen says the CIX7 will enhance service frequency and expand port coverage, reinforcing its commitment to better connectivity between Southeast Asia and India.
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UAE‑India Seal Eight Trail‑Blazing Pacts, Super‑Charging Trade Routes from Logistics to Lifesaving Care

During Crown Prince Sheikh Hamdan’s visit to New Delhi, the UAE and India signed eight “early‑action” agreements that tighten the screws on an already booming partnership.

Key Highlights :

  • Logistics super‑boost : DP World and Indian Railways consultancy RITES will expand the UAE‑India Virtual Trade Corridor, building multimodal parks and rail‑port links that slash customs red tape and keep cargo moving even when global supply chains wobble.
  • Ship‑repair twin hubs : Drydocks World will partner with Cochin Shipyard to create fast‑turnaround repair clusters in Kochi and Vadinar and collaborate on offshore fabrication.
  • Business fast‑lane : Dubai Chambers struck MoUs with CII, FICCI and the IMC Chamber to give companies concierge‑style help setting up on either side, plus joint trade‑fair and investment missions.
  • Top‑tier education lands in Dubai : The Indian Institute of Management Ahmedabad will roll out its one‑year flagship MBA in Dubai this year, with a permanent campus slated for 2029.
  • Care that crosses borders: Dubai Health will build the non‑profit UAE‑India Friendship Hospital, while Dubai Medical University and AIIMS launch joint research and training programmes.
The deals build on the CEPA free‑trade pact that already pushed bilateral commerce past $85 billion—promising faster cargo flows, stronger supply‑chain resilience and a new pipeline for talent and medical innovation. In short: expect the UAE‑India corridor to get even busier, smarter and healthier.
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Logistics & Freight Forwarding Digital/ IT-Ecosystem

An ecosystem that Combines multiple nodes or a Solution under one Roof. currently, An Ecosystem is very much needed for the logistics & Freight industry. A Quality service needs to be a perfect association with IT Systems in Freight Industry.

A Well Organized Shipment drives only with proper logistics information and streamlined workflow. A Carrier needs to connect with an Eco-System. CargoNet Plays a Major role in Logistics Ecosystem and it combines multiple services under one service.

CargoNet Ecosystem

A complete ERP Platform for Freight & Logistics software needs archive by CargoNet Team in Combine with the below ecosystems.

  • Complete integration of Customer EDI System for export and import Freight for India, Singapore, USA, Japan, and South Africa.
  • Integrated with 48 Carriers for Track & Trace, DO, Purchase integration.
  • An Inbuilt Financial Accounting system including Cost Accounting with AI & Govt statutory norms features and option to integrate with SAP Fico or any other financial systems.
  • CargoNet integrated with Social Medias like WhatsApp & Twitter to achieve Customer-Centric Solution for freight Community
  • CargoNet Capable to handle e-VGM, e-delivery Order, e-form 13 , e-Invoice, e-HBL via Ecosystem
  • HR, Payroll, Mob Apps integration with Cross Platform support
  • CargoNet supports A complete Customer Self Service Portal with the capability to book Shipment, View Shipment Status (DSR- Daily Status).

CargoNet supports A complete Customer Self Service Portal with the capability to book Shipment, View Shipment Status (DSR- Daily Status).

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How Freight Forwarding Software help Freight Forwarders ?

The logistics and supply chain industry is a dynamic and ever-expanding sector, offering immense opportunities for growth while posing significant challenges. Freight forwarding and logistics companies must navigate a competitive landscape shaped by rising costs, stringent government and international regulations, and increasing customer expectations for high-quality service. Balancing these demands without compromising productivity is a constant challenge.
With numerous processes such as transportation, customs documentation, e-way billing, and freight handling, the industry’s complexity demands innovative solutions. In this fast-paced environment, technology plays a critical role, enabling logistics companies to streamline operations, enhance efficiency, and deliver seamless service. Choosing the right freight forwarding software solution is no longer optional—it’s essential for staying competitive and meeting the needs of a rapidly evolving industry.

The Complexities of Freight Forwarding and Logistics

The freight forwarding and logistics industry is inherently complex, involving numerous processes like:
  • Export haulage
  • Transportation
  • Origin handling
  • Document submission to customs agents
  • E-way billing
  • Ocean freight
  • Air freight
  • Destination handling
  • Import haulage
Managing these operations efficiently requires a seamless and integrated approach. Technology has become a game-changer, enabling freight forwarders to control and track operations effortlessly. Choosing the right freight forwarding software solution is crucial for logistics companies to streamline operations and enhance communication among all stakeholders, including carriers, shippers, manufacturers, warehouses, storekeepers, and end-users.

Key Features of CargoNet Freight Forwarding Software

CargoNet Freight Forwarding Software is a cutting-edge, web-based ERP solution designed specifically for freight forwarders, Customs House Agents (CHAs), transporters, overseas agents, shippers, consignees, ports, and more. With a single, centralized framework, CargoNet integrates and automates all operational and financial processes, boosting efficiency and ensuring smooth information flow across all departments and branches.
  • Comprehensive ERP Solution: Includes fully integrated modules for all logistics processes.
  • Device-Independent Access: Accessible via PDAs, handheld devices, and any other gadgets.
  • Departmental Dashboards: Custom dashboards for real-time insights.
  • Platform Independence: Works on any device, anytime, anywhere.
  • Zero Infrastructure Investment: Cloud-based system eliminates the need for costly infrastructure.
  • Paperless Document Management: Digitize and organize all documents efficiently.
  • Advanced Tracking Features: Includes EDI interface, online tracking, and auto status updates.
  • Performance Monitoring: Back-office KPIs for improved decision-making.
  • Customer Credit Portal (CCP): Manage customer credits effortlessly.
  • Vendor Payment Portal (VPP): Streamline vendor payments.
  • Customizable Reports: Export reports in formats like Excel, HTML, Word, and PDF.
  • HR & Payroll Management: Includes payroll and leave management.
  • Smart Sales Management: Integrated CRM for better sales handling.
  • Free Enhancements: Regular updates ensure the software stays ahead of industry needs.

Benefits of CargoNet Freight Forwarding Software

  • Increased Productivity: Automates repetitive tasks, allowing your team to focus on core operations.
  • Enhanced Visibility: Track and manage shipments with real-time updates.
  • Cost Efficiency: Reduces overheads and eliminates the need for manual processes.
  • Scalability: Supports businesses of all sizes, enabling seamless growth.
  • Improved Collaboration: Facilitates communication between all parties involved in the supply chain.

Conclusion

CargoNet Freight Forwarding Software empowers logistics companies to overcome industry challenges by streamlining operations, enhancing efficiency, and improving customer satisfaction. With its robust features and user-friendly design, CargoNet is the perfect solution for freight forwarders looking to stay ahead in a competitive market.

Ready to Transform Your Freight Operations?

Contact us today to learn how CargoNet can revolutionize your logistics business!

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