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Indian Civil Aviation & Tourism orate Video Presentation during Breaks Platinum Sponsor ` 5,00,000/-...
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th 8 ASSOCHAM International Conference cum Awards THE ASSOCIATED CHAMBERS OF COMMERCE AND INDUSTRY OF INDIA Thursday, 27 August, 2015, The Leela Palace, New Delhi Shri Ashok Gajapathi Raju Pusapati Hon’ble Union Minister for Civil Aviation Government of India Dr. Mahesh Sharma Hon’ble Minister for State Ministry of Civil Aviation, Ministry of Tourism (I/C) Government of India Indian Civil Aviation & Tourism Ministry of Civil Aviation Government of India The ASSOCHAM Civil Aviation Industry Delegation led by its National Chairman Shri K. Narayana Rao, met Shri Ashok Gajapati Raju Pusapati, the Hon’ble Union Minister for Civil Aviation, Government of India on 4th August, 2015 at his office
Transcript of Indian Civil Aviation & Tourism orate Video Presentation during Breaks Platinum Sponsor ` 5,00,000/-...
th8 ASSOCHAM InternationalConference cum Awards
THE ASSOCIATED CHAMBERS OF COMMERCE AND INDUSTRY OF INDIA
Thursday,27��August,2015,TheLeelaPalace,NewDelhi
Shri Ashok Gajapathi Raju PusapatiHon’ble Union Minister for Civil Aviation
Government of India
Dr. Mahesh SharmaHon’ble Minister for StateMinistry of Civil Aviation,Ministry of Tourism (I/C)
Government of India
IndianCivilAviation & Tourism
MinistryofCivilAviationGovernmentofIndia
The ASSOCHAM Civil Aviation Industry Delegation led by its National Chairman Shri K. Narayana Rao, met Shri Ashok Gajapati Raju Pusapati, the Hon’ble Union Minister for Civil Aviation,
Government of India on 4th August, 2015 at his office
Indian Aviation is set for a quantum leap in the coming years and has the potential to become the world's 3rd largest aviation market by 2020. Rising income and increasing affordability of the middle class has ushered in a spectacular transformation in the last six years, with air movement having more than doubled during this period. However, this has created immense pressure on existing infrastructure, thereby resulting in increased congestion, higher operating costs, greater environmental impact, potential safety implications and compromise on passenger experience.
A slew of policy initiatives such as Open Skies Policy, F DI promotion in aviation and airport infrastructure amongst others have helped fuel the impressive growth of the Indian Aviation sector. Expected investment of USD 12.1 billion during 2012-17 in the aviation sector will improve remote and regional connectivity with industrial hubs through establishment of no-frill airports, thereby transforming the Nation's structural landscape and significantly contributing towards realizing the vision of 'Make in India'.
Developing airport infrastructure is a capital-intensive process, requiring significant resources to fund land acquisition, airfield development, terminal development and supporting infrastructure to successfully meet requirements of airlines as well as service demands of passengers. A total investment of USD 98 billion is estimated to be required for airport infrastructure development by 2030-31. This infrastructure challenge has to be escalated to a priority agenda for realizing growth in the Aviation industry.
The next phase of growth of Indian Aviation is expected to be fuelled by Tier I I and I I I cities. The share of non-metro airports in air traffic is expected to increase significantly in the coming years. Hence, low-cost approach for developing airport infrastructure is the need of the hour and an optimal route to quickly build a network of regional airports for connecting remote and regional destinations. Public Private Partnerships have already delivered airport infrastructure of international standards and should be the model for development of low-cost and no-frills airports along, with required policy support.
The Ministry of Civil Aviation, Government of India is proposing to develop a new and long awaited Civil Aviation Policy for India, and has invited comments on the key themes and structure that should be adopted.
The importance of “Accessibility” particularly Air access and its relationship to the viability of the regional Tourism Industry cannot be overstated. The Tourism Industry is heavily reliant on Air transport for tourists/visitors for business and leisure purpose, as well as inputs for hotels, food and beverages operations.
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THE ASSOCIATED CHAMBERS OF COMMERCE AND INDUSTRY OF INDIACorporate Office: 5, Sardar Patel Marg, Chanakyapuri, New Delhi – 110 021. INDIA
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