Media - India Aviation 2010
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Business Opportunities

  • Investments are being made to build & renew airport infrastructure to handle the growing air traffic of over 580 million passengers by 2016-17
  • Airport Authority of India has proposed spend of INR 4662 Crores to modernize 35 Non Metro airports to world-class standards.
  • In order to encourage private participation in the airport infrastructure sector the government has further liberalized the foreign equity participation upto 100%
  • 80 airports will be upgraded to meet all operational communication requirements of air traffic services
  • Creating of a multi modal cargo hub also offers a great business opportunity
  • Alliance Air proposes to develop Green fields airports for ATR-72 operation in three states of India
  • 10 green field airports are also being planned
  • Training facilities at Indra Gandhi Rashtriya Uran Academy(IGRUA) will also be upgraded. IGRUA is planning to spend US$ 5.25 million for this single project
  • Government proposes to establish a premier pilot training institute at Gondia, Maharashtra & will look for entering into joint ventures
  • The MRO business is also set to gain momentum considering the low cost & highly skilled labour in India coupled with cost sensitive customers & growing fleet size. Thus posing a significant investment opportunity with a potential to service a fleet of 1000 commercial & 500 general aviation aircraft.

 

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