India’s Modair Express to exploit express cargo growth

Modair Express has announced the launch of India’s first tech-enabled air logistics company, Modair Express, offering same-day express cargo delivery using small aircraft to offer daily scheduled flights linking tier I, II, and III cities in India to key hubs.

A company statement said Modair Express planned to add aircraft quickly to grow its share of the Indian air cargo market. No mention was made of the types of aircraft in the fleet, except that ModAir operates an “extensive fleet of helicopters and private jets”. The company website pictured various Cessna (twin piston) and Tecnam P2006T aircraft.

The company said it aims to take advantage of rapidly growing demand for express delivery of imported products and medical equipment and to provide connectivity at export hubs and sub-hubs. It proposed to revolutionise the way air cargo business was being done in India and aimed at expanding globally in time.

Modair chairman Atul Jain predicts India’s air cargo sector is poised for significant growth. “With plans to emerge as an air cargo behemoth within the country, we aim to connect all the remote locations with Modair Express. The country’s air cargo business is poised to take off in a big way with the fast-emerging need of transporting imported goods and medical equipment from one region to another as quickly as possible. In particular, the growth of [the] ‘value buying’ segment is quite encouraging for the air cargo segment. However, the segment faces a huge shortage of dependable services providers.”

According to the Delhi Registrar of Companies, Modair Express Private Limited was incorporated on December 14, 2021, with an authorised share capital of INR50,000,000 rupees (USD664,732) and paid-up capital of INR100,000 (USD1,329). Its directors are listed as Neeraj Jain, Anand Kumar Jain, and Atul Jain.

According to the company website, ModAir Aviation is part of Modish Tradex Pvt. Ltd. And has been in the business for more than 30 years. Its services include air charters, air ambulance service, helicopter charters, sightseeing flights, pilgrimage transport, jet rental, and pilot training, amongst others.