CARGO FLASH Successfully Hosts TIACA Regional Event- INDIA
New Delhi, India; March 29, 2023: Cargo Flash Infotech, a leading provider of logistics
software solutions, successfully hosted the first TIACA (The International Air Cargo
Association) Regional Event-India between March 27-29, 2023, with Co-founder and Director
Mr Jasraj Chug leading the way. Along with Gautam Mandal, Director of Products, and the
rest of the Cargo Flash team, he oversaw a successful start that included a ribbon-cutting
ceremony and participation from notable dignitaries. Cargo Flash Infotech’s participation as
the host sponsor further solidifies the company’s position as a leader in the logistics software
solutions industry.
Hosted at the ITC Maurya, New Delhi, the TIACA Regional Event- India assembled global
Air Cargo professionals, providing an opportunity for networking, learning, and
collaboration. With Cargo Flash Infotech as the ‘Host Sponsor’, attendees were treated to an
exceptional event that showcased the company’s expertise and commitment towards the
industry.
During the welcome address, Mr Jasraj S Chug thanked the entire ecosystem for their
significant contributions in their areas and to the nation, collectively, followed by India PM’s
initiatives of ‘Atmanirbhar Bharat’ and ‘Make in India’ initiatives and expressed his
satisfaction with the event’s success, saying, “We feel humbled to have hosted this event. We
look forward to continuing to support the industry and providing cohesive, collaborative and
real-time solutions to our clients seeking transparency.”
The event saw continued success for Cargo Flash, with the senior management taking part in
important discussions. Mr.Jasraj contributed to the round table discussion on the ‘challenges
and opportunities present in the Indian Air Cargo market post-COVID’. As an industry
leader, he shared his insights on the topic, providing valuable information to attendees. “The
sector may not be withstanding the short-term distortions as passenger capacity is bouncing
back and yields decreasing however, there isa sturdy future for Air Cargo for the next 20
years,” he shares and further states, “Looking at essential capacity, wherein the world, India
is a country that can feed its 1.4 million people itself and is self-sufficient enough apart from
oil resource.”
During the panel discussion focused on digital innovation and its role in enhancing industry
efficiency and service offerings, which explored the possibilities of digital innovation in
meeting the sophisticated demands of shippers for fast, effective, predictable, and transparent
solutions; Gautam shared his expertise on the subject, highlighting the possibilities through
technology for digitalization through some use cases where CargoFlash helped its airline
customers capture new revenue opportunities including enabling an airline to cater to the
exponentially fast growing e-commerce cross border market, and how to achieve this without
any major investments on assets of infrastructure and actually using technology to control the
entire business model outsourced; thus upgrading the airline to become a ‘Virtual Integrator’.
Gautam also updated how the upcoming platform; Octoloop by Cargo Flash is going to
change the way how air cargo booking process is happening today. Octoloop is a neutral
distribution platform for both airlines and freight forwarders that provides real-time and
automated rate and route and capacity updates, as well as predictive analysis for seamless
digital cargo booking. The platform helps address one of the big pain areas of airlines, which
is the interline contract and payment settlements, through digitalizing the entire process.
Overall, Cargo Flash’s participation in the event was a great success. With their leadership
and expertise, The Team provided valuable insights into the industry and showcased the
company’s commitment to innovation and excellence. The event was a testament to the
company’s continued growth and success in the air logistics software solutions sphere.
