Six more PPP-mode airports

Drones offer a Greenfield opportunity for the aviation sector the growth of which can carry along many other sectors to spur up the Gross Domestic Product (GDP), Civil Aviation Minister Suresh Prabhu has said.

To achieve growth in the sector, there must be a clarity in policy dynamics, a sync between the ‘Macro’ and the ‘Micro”, said Prabhu calling for clear long-term strategy with immediate actionable plans.

The Minister was inaugurating Aviation Conclave 2019 with an overarching theme of “Flying for All” in Delhi on 27 Feb 2019.

The minister outlined roadmap for aircraft manufacturing, aircraft leasing and financing for long term asset creation, cargo policy and financial services, optimization of resource utilisation with technology input as some of the areas of high importance for the aviation sector.

“We strive to keep the system efficient, fair and approachable,” he said.

Prabhu stated that realizing Government’s vision of making “Flying for All” a reality underpins the government’s commitment to bring about a veritable revolution in the Indian aviation sector.

“This Conclave is about the future of Indian aviation – it is bringing together industry leaders, government and regulators for setting the tone and propelling us to realize our Vision-2040”, he stated.

Jayant Sinha, Minister of State of Civil Aviation, said “focus is now on PPP model for six more airports. We need Industry to take risks, invest to scale up sector.”

He called for policy innovation to sustain the growth and said drone ecosystem can make India a global leader in the field.

Over 30 industry leaders participated in 5-key sessions covering the Drone-Ecosystem Policy Roadmap, Roadmap for Manufacturing Aircraft and associated equipment, including Regional Transport Aircraft in the country.

Other sessions covered the Project Rupee Raftaar-Aircraft Financing and Leasing from India, the National Air Cargo Policy, and the Mission to transform Indian Airports into Next-Gen Aviation Hubs. fiinews.com