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AAI to invest more than Rs.25,000 in airport infra

Puri launches ‘Wing India 2020’

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Puri launches ‘Wing India 2020’

 

PIB.
Puri launches “Wing India 2020′.

Airport Authority of India (AAI) is to invest more than Rs.25,000 crore in airport infrastructure which includes privatization program, Minister of State for Civil Aviation, Hardeep Singh Puri, said on 10 Jan 2020 in Delhi.

“We will be doubling the number of airports with Airports Authority of India (AAI) readying to invest more than Rs.25,000 crores in Airport infrastructure and we have a structured privatisation program in place,” Puri said at the Curtain Raiser of ‘Wings India 2020’.

India is witnessing fleet expansion and will soon have about 2,000 aircrafts in the sky, he informed.

Wings India 2020, a flagship event of Indian Civil Aviation industry will be held at Begumpet Airport, Hyderabad from 12-15 March 2020.

‘Wings India 2020’- a four-day event themed: “Flying for All’’ is an international platform focused on new business acquisition, investments, policy formation and regional connectivity in civil aviation industry.

Launching the Curtain Raiser Video for “Wings India 2020” Puri further added,

“Wings India 2020 is a platform for the aviation fraternity to discuss challenges along with new developing growth spots that can be targeted to ensure a positive curve,” he elaborated.

The aviation sector will provide win-win opportunities for not just players within the country but also abroad.

Privatisation will strengthen the civil aviation sector and will contribute towards its massive expansion, Puri said.

In the coming years, Delhi and upcoming Jewar airports combined will be bigger than any other airport in the world.

“We look forward to this year’s show as an opportunity to address challenges of Civil aviation sector, highlight fuel efficiency, reliable and capable airplanes, enabling airlines in India to open new routes and stay profitable in this ever-competitive market,” he elaborated.

The summit aims to bring all players, facilitators and regulators of aviation fraternity under one roof to explore opportunities together.

Wings India 2020 is also Asia’s largest and most popular gathering in the industry.

Organized by Ministry of Civil Aviation, AAI and FICCI, the event is expected to attract top leaders, special invitees in foreign ministers for civil aviation and global CEOs, suppliers, strategic partners, organizations and the media. Fiinews.com

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