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    CHMP recommends EU approval of Roche’s Susvimo, the first continuous delivery treatment for neovascular age-related macular degeneration (nAMD)

    Grovy India reports 74% growth in PAT at Rs 1.9 cr in Q1 FY27.

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    IBM to Acquire HRL Laboratories to Power the Future of Quantum.

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    CHMP recommends EU approval of Roche’s Susvimo, the first continuous delivery treatment for neovascular age-related macular degeneration (nAMD)

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    Mercedes-Benz India Becomes Title Partner of the Indian Padel Tour, Marking a New Chapter in the Growth of Padel in India.

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    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

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    Dr. Agarwals Eye Hospital Supports West Division Police with Vision Protection Initiative.

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    Karnataka Government allows Bengaluru hotels, restaurants to stay open till 3.30 am for FIFA World Cup

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    PHOTO CREDIT-American Airlines

    American Airlines continues to execute on commercial priorities, delivering highest quarterly revenue in company history

    CHMP recommends EU approval of Roche’s Susvimo, the first continuous delivery treatment for neovascular age-related macular degeneration (nAMD)

    PHOTO CREDIT-IBM

    IBM to Acquire HRL Laboratories to Power the Future of Quantum.

    HAL and Safran Aircraft Engines Sign Long-Term Contract for CFM LEAP Engine Turbine Forgings at Farnborough International Airshow.

    PHOTO CREDIT-Samsung Biologics announces all-cash offer to acquire PolyPeptide

    Samsung Biologics announces all-cash offer to acquire PolyPeptide, accelerating multi-modality strategy and expanding global network across U.S., Europe, and India.

    C.Ramkumar , the Consulate General of India in Fukuoka, Japan, met Chief Minister D.K. Shivakumar at the Vidhana Soudha on Monday and held discussions.

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    CHMP recommends EU approval of Roche’s Susvimo, the first continuous delivery treatment for neovascular age-related macular degeneration (nAMD)

    Grovy India reports 74% growth in PAT at Rs 1.9 cr in Q1 FY27.

    Mercedes-Benz India Becomes Title Partner of the Indian Padel Tour, Marking a New Chapter in the Growth of Padel in India.

    ISACA Bangalore Chapter hosts the 29th Annual Karnataka Conference with the theme “Fortify the AI Backbone and Agentic AI – Govern, Secure, and Thrive”.

    Government Flight Training School (GFTS) gets a new lease of life.

    Mega Recruitment Drive for Over 70,000 Posts in Karnataka.

  • Business
    PHOTO CREDIT-American Airlines

    American Airlines continues to execute on commercial priorities, delivering highest quarterly revenue in company history

    Grovy India reports 74% growth in PAT at Rs 1.9 cr in Q1 FY27.

    PHOTO CREDIT-IBM

    IBM to Acquire HRL Laboratories to Power the Future of Quantum.

  • Health

    CHMP recommends EU approval of Roche’s Susvimo, the first continuous delivery treatment for neovascular age-related macular degeneration (nAMD)

    Fortis Hospitals Mumbai Launches ‘Har Ghar Hero’.

    Apollo Hospitals, Sheshadripuram Introduces iTIND for Young Men with Bladder Neck Obstruction

    Coming Soon: A New AI-Powered Health Companion on Your Wrist

    Dr. Agarwals Eye Hospital Supports West Division Police with Vision Protection Initiative.

    N.A. Haris, MLA and BDA Chairman, unveils the Mis Skin brand identity, showcasing its proprietary seven-step diagnostic protocol and advanced US FDA-approved technologies.

    Mis Skin, Bengaluru’s New Doctor-Led Dermatology and Aesthetics Chain, Unveiled at JW Marriott Across Five Bengaluru Locations.

  • Technology
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    PHOTO CREDIT-IBM

    IBM to Acquire HRL Laboratories to Power the Future of Quantum.

    ISACA Bangalore Chapter hosts the 29th Annual Karnataka Conference with the theme “Fortify the AI Backbone and Agentic AI – Govern, Secure, and Thrive”.

    CREDIT-SONY

    Sony Creator Essentials Worth Considering This Summer.

    HCLTech Logo

    HCLTech delivers robust Q1 led by record deal bookings of $2.4 billion.

    L&T Technology Services Global EI Hackathon Sparks the Next Wave of AI-Native Engineering Solutions .

    KATALYST CONNECT: Chief Minister D.K. Shivakumar Chairs Strategic Meeting with GCC Leaders to Shape Karnataka’s Next Phase of Innovation-Led Growth.

  • Auto

    Mercedes-Benz India Becomes Title Partner of the Indian Padel Tour, Marking a New Chapter in the Growth of Padel in India.

    PHOTO CREDIT-Maruti Suzuki India Limited (MSIL)

    A New Era of Supremacy and Excitement with The New Brezza: Bookings Now Open.

    Bosch, Toyota, BMW, and Repsol launch real-world pilot of vehicles running on 100 % renewable gasoline .

    Mr. Rajesh Kaul, Vice President & Business Head – Trucks, Tata Motors Ltd._ and Mr. Shashikant Kumar, General Manager & Zonal Head – Mumbai, UCO Bank, sign an MOU for CV financing

    Tata Motors and UCO Bank partner to strengthen India’s commercial vehicle financing ecosystem.

  • Sports

    Mercedes-Benz India Becomes Title Partner of the Indian Padel Tour, Marking a New Chapter in the Growth of Padel in India.

    Board of Control for Cricket in India (BCCI) announces the release of Invitation to Tender for Title Sponsor Rights for BCCI Events.

    Board of Control for Cricket in India (BCCI) announces the release of Request for Quotation for Associate Partner Rights for BCCI Events.

    Harsh Dubey added to India’s ODI squad.

  • Entertainment

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

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    Dr. Agarwals Eye Hospital Supports West Division Police with Vision Protection Initiative.

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    Karnataka Government allows Bengaluru hotels, restaurants to stay open till 3.30 am for FIFA World Cup

    N.A. Haris, MLA and BDA Chairman, unveils the Mis Skin brand identity, showcasing its proprietary seven-step diagnostic protocol and advanced US FDA-approved technologies.

    Mis Skin, Bengaluru’s New Doctor-Led Dermatology and Aesthetics Chain, Unveiled at JW Marriott Across Five Bengaluru Locations.

    BlueRose Technologies Launch Worlds First Ever Digital Heirloom – LifeTree.

    Katrina Kaif Is Back as Bonn’s Face – How the Brand Is Turning Her Star Power Into Lasting Brand Equity

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Indian aviation sector a critical enabler for India’s endeavour towards US$ 5 trillion economy: Hardeep Singh Puri

FWM by FWM
February 3, 2021
in World
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Govt to develop 200 airports in the next 4 years: Secretary, Civil Aviation

BENGALURU, 03 February 2021: Mr Hardeep Singh Puri, Union Civil Aviation Minister, Govt of India today said that COVID-19 has provided new opportunities to the Indian civil aviation sector. “Today, India is the third largest domestic aviation market and poised to become third largest in the overall civil aviation market very soon. The Indian aviation sector has grown exponentially in last few years and is one of the critical enablers as well as an indicator for India’s endeavour towards a US$ 5 trillion economy,” he added.

Addressing the virtual session ‘The Future and Dynamics of Civil Aviation Sector: Making India an Aviation Hub’, organized by FICCI during the ‘Aero India 2021 – 13th Biennial International Exhibition & Conference’, Mr Puri said, “The PM’s vision of Atmanirbhar Bharat is not just about manufacturing for the world, it is also about creating jobs and the aviation sector has significant multiplier effect on job creation,” he said.

Talking about the government’s vision of 2040, Mr Puri said that the vision talks about India as an aviation hub. India’s aviation infrastructure has been benefited with recent upgrades in recent years and India has the capacity to develop effective infrastructure. To fully realize its potential, the government is focusing on policies to add remote and regional areas to the map of Indian aviation, added Mr Puri.

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Elaborating on the expansion of airports in the country, Mr Puri said that we will be adding 100 new airports by 2024 and the figures indicate a mammoth opportunity in Indian civil aviation sector. Highlighting the importance of air cargo sector, he said that the resilience shown by Indian air cargo sector despite challenges posed by the pandemic drives home the benefit that has been brought through policy changes and recalibration of business models. “We expect that we may close the year 2021 at the same level of 2019-20,” added Mr Puri.

Speaking on the potential of air cargo, Mr Puri said that the resilience shown by Indian air cargo sector despite COVID-19 challenges drives home the benefit that has been brought through policy changes and recalibration of business models. We expect that we may close the year 2021 at the same level of 2019-20.”

He further said that currently the helicopter potential in India is well below the potential of the country as large as India. There is a growing requirement of helicopters for civil use in tourism, mining, corporate travel, air ambulance, homeland security. Similarly, efforts are on to establish India as an MRO hub. To promote MRO services, he said the government has taken many measures like reduction of GST on MRO services reduced. This will not only allow foreign partners to establish in India but benefit our Indian companies as well.“India now stands poised to enter US$ 5 billion aircraft spares market in a significant way,” he added.

 Mr Pradeep Singh Kharola, Secretary, Ministry of Civil Aviation, Govt of India while highlighting the potential of Indian aviation sector said that people now want to travel from point to point and is an opportunity for carriers. “We are working on the air services agreement to provide a level playing field to our carriers.”

He further said that currently, we have over 100 operational airports in India and the government is targeting to develop 200 airports in next 4 years including airport, heliports, seaports and advanced landing grounds. “The unique feature in this would be inviting public private partnership. We had very successful PPPs and we are looking for more private investment which will make airports a hub of economic activity,” added Mr Kharola.

 Mr Remi Maillard, Chairman, FICCI Civil Aviation Committee and President & MD, Airbus India said COVID-19 has given an opportunity to India to turn into an international hub. Indian carriers have a competitive advantage, and we must leverage to developing long haul flights. “We have discovered that resilience is very important. We have never compromised on safety as aviation means safety,” he added.

 Ms Ashmita Sethi, Co-Chair, FICCI Civil Aviation Committee & President and Country Head, Pratt & Whitney India said that India will continue to grow as fastest growing market and we need to nurture innovation and start-ups and skill development. “We should incentivize manufacturers and OEMs to scale-up in India,” she added.

 Ms Usha Padhee, Joint Secretary, Ministry of Civil Aviation; Mr Amitabh Khosla, Country Director, IATA; Mr Wolfgang Prock-Shauer, COO, Indigo; Mr Salil Gupte, President, Boeing India; Mr D Anand Bhaskar, MD & CEO, Air Works also shared their perspective.

Tags: ‘Aero India 2021 – 13th Biennial International Exhibition & Conference’Air WorksAirbus IndiaIATAIndiGo
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