By : -
(
` ya ` ash Tr athy
<
r t The C L st s Maaemet, US, L st s Maaemet s ³that art sy ha maaemet that as, memets, a trs the rwar a reverse w a strae s, serv es a reate rmat betwee the t r a the t smt rer t meet the stmers' req remets.´
<
Cs er I a st s stry. It has three r a mets:
Irastr tre rv ers Key trasrtat serv e rv ers Srt serv e rv ers
<
The I a e my has bee rw at a rate ver 7.5% s e the ast three years. The maa tr se tr has re stere a rwth rate 9.1% 2006-07
<
The majr st s t s r the I a str es e trasrtat , warehs , re ht rwar a ther vae-ae erat s e Maaemet Irmat Systems
<
L st s sts I a are est mate t be ar 13% , wh h s Rs4,226.21 b
<
Bas ay, the I a st s stry s m ate by the ra e maret. The majr ayers the stry a be bray ater e as a trasrters, trasrters rv sme vae-ae serv es s h as warehs serv es, a metey terate ayers rv 3L serv es.
<
The I a av at se tr a be bray v e t w r ater es:
mest a r es r s hee hts w th I a bes es serv see t terat a est at s; Iterat a a r es erate s hee terat a a r serv es t a rm I a; N-s hee eratrs es harter eratrs a a r tax eratrs; a r ar serv e eratrs, wh trasrt ar a ma <
r trasrt se tr¶s tr bt ¶s t the rema s stat ver the ast e years, the se tr s emer a a s a e try¶s vera e m evemet e t r se e m a t v t es.
<
<
I a av at stry has bee exer e a ex et a rwth rate ver the ast ve years, r ve by bm I a e my, r sh trae (bth exrt a mrt) Bth mest a terat a a r ar tra at a I a a rrts have re stere a exet a rwth rate ver the ast 5±6 years. mest a r ar tra has bee rw at 12.57%, whereas terat a a r ar tra has bee mv at 13%
I v ew the reset bm a r ar semets I a, severa mest as we as terat a a r arr ers have e e t start a r ar erat s I a a sme them have areay starte y re hter a r rats the try. <
I a the b se tr a r e eratr, wh h has ease bey sa e Fa av at t the ema the Keraa- a the I a-ermay se trs, s the r ess vert tw ts 310 a r rat t re hter a r rat I a t , the a r e s exe t a t sme ew eet r the qarter Th s s ey t eha e ts ar aa ty.
<
Last Year, Be art v at Lt (BL) ae tw ease Be 757 re hters t the r eet
<
Cathay a Car, the H K-base a r e, e e t start s x ew re hter serv es I a v ew the rw I-US a ICh a trae
<
I a t , I a r es s as at vert ve ts Be 737-200 asseer a r rats t re hters.
<
Fex xress, the arest exress trasrtat may the wr, e e t exa ts etwr I a a t erate 17 hts weey Mmba -eh rte.
<
Jet rways, I a¶s arest asseer r vate se tr a r es, has as t start a mest ar a r e. The a r er has mte a eas b ty sty r th s rse. The may w t ay vert ts asseer a r rat t re hters t ater t the bm mest a r ar maret.
<
ther mrtat eatre e stat stry s a r rat
<
ma tea e, rea r a verha (MRO) stry.
rwth I a av at
<
Majr ayers r e th s se t are see te rm a r trasrt system st s serv es I a.
<
L st the majr ayers r e s ve bew:
I a (I a r es) Jet rways Be art <
a ew mt at a ma es e FL, HL a Feex are as erat I a
<
The a trs that r ve the tsr st s t t the 3L rv er a be re t three ater es: strate , erat a a a a(see bx).
<
The at mer maa tr ra t es s h as jst- -t me a b t-t-rer tether w th the r se ba maa tr etwr s as r v ema r 3L serv es.
n <
Rea the s at bee ts e st re t s a jst- -t me e very a e by these ma es the 3L maret s bm I a. w th the r mt at a terarts, majr mest ma es as starte tsr
<
The serv es 3L rv ers a e mass the et re sy ha r arts t. I a may ts r the tsr the trasrtat r ess, the 3L rv ers exte serv es s h etwr es , arr er tra t , sh met t m at , sh met tra a re ht aymets.
<
!"# #$ #n
re t Trasrtat Serv es Fre ht aymet Serv es Fre ht Frwar Warehse Maaemet str bt Fa t es Sh met Cs at
<
%
<
T he ma es ea rma t es trasrtat a searate ass ear aets r re ht rwarers have emere ver the years. The ar ear aets r re ht rwarers as a ts as a s atr sh mets.
<
The re ht rwarers er a rae st s serv es t the sh er. The I a ma es vve re ht rwar bs ess e ate Raways, Bamer Lawr e, Be art, Sae xress, HL, a at L m te.
<
&
<
The warehs s hares a mrtat re bs ess. It reates t me t ty by br the t me a betwee r t a the smt s
<
Warehs reers t the systemat str s w th the a ma them ava abe ema. I ther wrs, warehs reers t the str s rm the t me the r r hase r r t t the r a ta se r sae.
&
<
There has bee a ra mrvemet te h a evemet the try, wh h has bee te the r Trasrt System I a t a reat extet. Sme te h a evemets I a av at se tr are ve bew:
<
r Tra Maaemet (TM)
<
Cmm at Nav at Srve a e
rrt thr ty I a has e e r a , r r a mm ss a Cmm at , Nav at a Srve a e (CNS) a t es a srt systems r a r av at base shrt-term a -term req remets t sy hr e the ra at 's a w th Iterat a C v v at Ora at 's <
e tr
ata Iter hae
Is a staar rmat r ex ha bs ess ata. It s he ter ra at a ex hae bs ess metat str tre, ma h e r ess abe rm ver mter mm at etwrs <
va e asseer Irmat System (IS)
&
m rwth < ba trae < Crrate Tre < Imrve rastr tre < mere e ba maa tr etwrs a rease FI < Irmat te hy < L bera at a ereat <
& Majr I a rrts R Ot Caa ty < H h Wa t T me a Cest rrts < H h Fe Cst < Taxat < v at Se r ty < La Hma wer <
'& % <
<
<
<
The vermet I a, a h str evemet, ha ea te r Trasrtat t 1953 rer t bst the I a¶s av at se tr a he e vera e my by aw the r vate ayers t eter the mest maret bes es the state-we a r e serv e rv ers mhas e the s a e a rrt rastr tre rer t meet the rw ema r better a r trasrtat a t es a as t memet the reas e m a t v ty I a has as tr e t attra t Fre re t Ivestmet (FI) the rastr tre se tr ese ay ras, searts a a rrts. The try has rea he a s tat where 100% FI s w awe mst the rastr tre se trs. S aty, the av at se tr, 100% FI s erm ss be r ex st a rrts Oe Sy y the vermet a ra a r tra rwth have reste the etry severa ew r vatey-we a r es a rease reqe y hts r terat a a r es. There s 100% tax exemt r a rrt rje ts r a er te years.
& ( ) *+
$+
& ,+" - +!./0
1!+ - +!.20
$3 - +!.n0
4+! "(5#$ 5#6+
6
5
7
9
5 + #(6+)
4
6
5
8
*#!#)+!8!!
3
5
7
9
+! ,#8($ 7 #
5
4
2
6
++!#
1
2
4
6
!+ # 5# #
6
7
5
3
#6+5+7! "
4
4
6
9
29
33
36
50
++ )+5+7! "
,5#$ #+ #
+!! ) *+ )
+ )+!9/: ",+8;/<: " #)
& ( ) *+
)*
&
$+
,+" - +!./0
1!+ - +!.20
$3 - +!.n0
4+! "(5#$ 5#6+
0.10
6 0.60
5 0.50
7 0.70
9 0.90
5 + #(6+)
0.10
4 0.40
6 0.60
5 0.50
8 0.80
0
0
0
0
0
*#!#)+!8!!
0.05
3 0.15
5 0.25
7 0.35
9 0.45
+! ,#8($ 7 #
0.20
5 1.00
4 0.80
2 0.40
6 1.20
0
0
0
0
0
++!#
0.15
1 0.15
2 0.30
4 0.60
6 0.90
!+ # 5# #
0.15
6 0.90
7 1.05
5 0.75
3 0.45
#6 +5+7! "
0.25
4 1.00
4 1.00
6 1.50
9 2.25
1
4.20
4.50
4.10
6.95
++ )+5+7! "
,5#$ #+ #
+!! ) *+ )
+ )+!9/: ",+8;/<: " #)