Afcom Achieves Record Cargo Uplift at Maldives Airport

12 Aug 2025 CW Team

This record marks a turning point for MLE, with July seeing the highest single-month transshipment volumes ever handled. Afcom emerged as the top contributor, significantly boosting the airport’s throughput and reinforcing its role as a key player in the regional logistics ecosystem.

From a modest market share earlier in the year, Afcom has rapidly expanded within just six months to command a substantial portion of MLE’s monthly transshipment traffic. This growth reflects the company’s commitment to operational excellence, strategic expansion, and collaboration with partners across the cargo supply chain.

Afcom’s progress aligns with MLE’s ambition to become a leading air transshipment hub in the Indian Ocean corridor. Working closely with Maldives Airports Company Limited (MACL), Afcom is focused on efficiency, infrastructure enhancement, and innovative services to unlock the airport’s full cargo potential.

Statements from Key Stakeholders

Hussain Shafiu, Manager, Cargo Department at MACL, said: “July 2025 was a landmark month for Velana International Airport, with record transshipment volumes. Afcom was a key contributor, handling the largest share. We look forward to working with them to explore new trade flows, improve ground efficiency, and develop customised service models to grow this market further.”

Capt. Deepak Parasuraman, Chairman and Managing Director of AFCOM, commented:

“This achievement highlights our agility, precision, and strong regional partnerships. The Maldives is a strategic junction in our growing network, linking South Asia, Southeast Asia, and the Middle East. We see this milestone not as the peak, but as the foundation for our next phase of growth, deepening our capabilities and unlocking new cargo corridors.”

With transshipment now a core pillar of its strategy, Afcom aims to expand trade flows, enhance connectivity, and deliver value-added solutions to meet evolving global commerce needs.

AFCOM Holdings Limited (AFCOM), an integrated air cargo solutions provider with domestic and international operations, has achieved a historic milestone at Velana International Airport (MLE), Maldives, by uplifting the highest-ever volume of transshipment cargo in the airport’s history during July 2025.This record marks a turning point for MLE, with July seeing the highest single-month transshipment volumes ever handled. Afcom emerged as the top contributor, significantly boosting the airport’s throughput and reinforcing its role as a key player in the regional logistics ecosystem.From a modest market share earlier in the year, Afcom has rapidly expanded within just six months to command a substantial portion of MLE’s monthly transshipment traffic. This growth reflects the company’s commitment to operational excellence, strategic expansion, and collaboration with partners across the cargo supply chain.Afcom’s progress aligns with MLE’s ambition to become a leading air transshipment hub in the Indian Ocean corridor. Working closely with Maldives Airports Company Limited (MACL), Afcom is focused on efficiency, infrastructure enhancement, and innovative services to unlock the airport’s full cargo potential.Statements from Key StakeholdersHussain Shafiu, Manager, Cargo Department at MACL, said: “July 2025 was a landmark month for Velana International Airport, with record transshipment volumes. Afcom was a key contributor, handling the largest share. We look forward to working with them to explore new trade flows, improve ground efficiency, and develop customised service models to grow this market further.”Capt. Deepak Parasuraman, Chairman and Managing Director of AFCOM, commented:“This achievement highlights our agility, precision, and strong regional partnerships. The Maldives is a strategic junction in our growing network, linking South Asia, Southeast Asia, and the Middle East. We see this milestone not as the peak, but as the foundation for our next phase of growth, deepening our capabilities and unlocking new cargo corridors.”With transshipment now a core pillar of its strategy, Afcom aims to expand trade flows, enhance connectivity, and deliver value-added solutions to meet evolving global commerce needs.

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Infrastructure Urban

06 Nov 2025

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Infrastructure Transport

06 Nov 2025

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..