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    Shah Rukh Khan to Grace the Grand Opening of City of Dreams Sri Lanka

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    Air Canada Celebrates Canada Day with Limited-time Fare Discounts for Customers Flying from India

    Shah Rukh Khan to Grace the Grand Opening of City of Dreams Sri Lanka

    Shah Rukh Khan to Grace the Grand Opening of City of Dreams Sri Lanka

    Sri Lanka Tourism boosts Indian MICE Engagement with Dynamic and Exclusive Networking Evening in TAJ Krishna, Hyderabad

    European Leaders Join Forces to Drive Growth and Innovation  

    Boeing Names Stephen Parker as CEO of Defense, Space & Security

    Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman Highlights Key Policy Measures to Promote Export-led Growth at Exim Bank’s Trade Conclave

  • National
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    ‘Quantum India Bengaluru is not just a summit; it is a signal of intent.’-N.S.Boseraju, Minister for Minor Irrigation and Science & Technology, GoK.

    SatSure and Dhruva Space Unite to Launch India’s First Full-Stack Earth Observation-as-a-Service Ecosystem

    Myntra Glamstream Kicks Off with a Sneak Peek of “Jordan” by Badshah — India’s First Shoppable Fashion Music Video

    A THREE-DAY CELEBRATION OF INDIAN CLASSICAL MUSIC FROM 11TH TO 13TH JULY 2025, AT THE SWAMI VIVEKANANDA SABHANGANA, RAMAKRISHNA MATH, BENGALURU.

    European Union Cheese Campaign Enters Third Year with an Indian Flair

    Initial Phase of Bihar SIR Completed

  • Business

    ‘Quantum India Bengaluru is not just a summit; it is a signal of intent.’-N.S.Boseraju, Minister for Minor Irrigation and Science & Technology, GoK.

    SatSure and Dhruva Space Unite to Launch India’s First Full-Stack Earth Observation-as-a-Service Ecosystem

    Park Hyatt Set to Debut in Vancouver in 2026

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    Michelin-Starred Chef Shane Osborn Makes India Debut at Le Cirque Signature, The Leela Palace Bengaluru on July 11th & 12th, 2025.

    Barbeque Nation Opens New Outlet at Garuda Mall, Expands Central Bangalore Presence.

    Receiving JCI accreditation is a profound moment for Ramaiah Memorial Hospital and a validation of our relentless pursuit of excellence in patient care,”-Dr. M.R. Jayaram, Chairman, Gokula Education Foundation (Medical).

    “Deprived farmers of J&K will receive benefits under PM-KISAN” — Union Minister Shivraj Singh Chouhan

    RELIANCE RETAIL STRENGTHENS BEAUTY PLAY WITH STRATEGIC INVESTMENT IN UK-BASED FACEGYM

    Wow! Momo Launches India’s First Gluten-Free Range of Momos – A Game-Changer for Health Conscious Foodies

  • Technology
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    • Environment
    • Science

    SatSure and Dhruva Space Unite to Launch India’s First Full-Stack Earth Observation-as-a-Service Ecosystem

    “SEZs can be a bridge between Indian and global aerospace and defence industries via Startup India.”-Piyush Goyal ,Union Minister for Commerce and Industry 

    MiQ Sigma: Built at MiQ’s Bengaluru Centre of Excellence (CoE), the Industry’s First AI Platform That Unifies the Programmatic Ecosystem

    TECNO Gears up to Launch POVA 7 Series with Bold New Delta Interface on July 4, Exclusively on Flipkart

    Jockey Woman continues to shape India’s intimate wear landscape with strategic expansion

    AMD Unveils Vision for an Open AI Ecosystem, Detailing New Silicon, Software and Systems at Advancing AI 2025

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    Stellantis Pro One announces start of production in the Italian Atessa plant of new versions of the Large Van “Cargo Box” and Recreational Vehicles

    Volvo Cars reports June sales

    Odysse Electric Clocks 344 Units Sold in June, Records 54% Monthly Growth

    DGCA carries out comprehensive surveillance at major airports, including Delhi and Mumbai

  • Sports

    Rescheduling of India’s white-ball Tour of Bangladesh

    BPCL’s Premium Petrol Speed Fuels Neeraj Chopra Classic 2025

    Superstar Kichcha Sudeepa Acquires Bengaluru Racing Team the Indian Racing Festival — Launches ‘Kichcha’s Kings Bengaluru’ to Unite Cinema, Speed, and City Pride

    TCS World 10K Bengaluru Ignites the Spirit of Giving: NGOs, Citizens, and Corporates raise INR 3.83 Crores for Social Good

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    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

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    ‘Waves’ an OTT platform that offers clean family-friendly content: Sunil Bhatiya, Deputy Director General, Doordarshan Kendra, Panaji

    Sri Sai Gold Palace’s 7th store inaugurated in Malleshwaram,Bengaluru.

    Lulu Mall Hosts Bangalore’s Biggest Non-Alcoholic Holi Celebration

  • Lifestyle
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    Myntra Glamstream Kicks Off with a Sneak Peek of “Jordan” by Badshah — India’s First Shoppable Fashion Music Video

    European Union Cheese Campaign Enters Third Year with an Indian Flair

    Air Canada Celebrates Canada Day with Limited-time Fare Discounts for Customers Flying from India

    Shah Rukh Khan to Grace the Grand Opening of City of Dreams Sri Lanka

    Michelin-Starred Chef Shane Osborn Makes India Debut at Le Cirque Signature, The Leela Palace Bengaluru on July 11th & 12th, 2025.

    Barbeque Nation Opens New Outlet at Garuda Mall, Expands Central Bangalore Presence.

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

by FWM
February 3, 2021
in World
0

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

FWM

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‘Quantum India Bengaluru is not just a summit; it is a signal of intent.’-N.S.Boseraju, Minister for Minor Irrigation and Science & Technology, GoK.

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