CIAL to Become Multimodal Cargo Hub, Announces Kerala CM Pinarayi Vijayan

• Kerala CM Pinarayi Vijayan announced CIAL will be the primary hub for a new multimodal cargo network integrating air, road, rail, and water routes.
• The announcement was made at the International Cargo Business Summit, organised by CIAL and FICCI, celebrating CIAL's cargo department's 25th anniversary.
• CIAL aims to foster Kerala's economic growth, handling over 65,000 metric tonnes of cargo last fiscal year, projected to reach 74,000 tonnes this year.
• CIAL is a model for the country, providing a 50% dividend to investors and undertaking infrastructure projects like three new bridges.
• The airport is also pursuing certification for pharmaceutical cargo handling, with State Industries Minister P Rajeev highlighting the potential for logistics parks near CIAL.

Why It Matters: CIAL is set to become a major multimodal cargo hub, boosting Kerala's economy and logistics capabilities.