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Aviation Sector poised for promising growth: Puri

By TIOL News Service

NEW DELHI, JAN 11, 2020: India being the third largest domestic Civil Aviation market in the world and showing a robust growth, is poised for greater heights. With the kind of fleet expansion underway, India will soon have about 2000 civil aviation aircrafts in the sky, 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” said Mr hardeep Singh Puri, Minister of  State(I/c) for Civil aviation at the launch of the Curtain Raiser of  ‘Wings India 2020', here, yesterday.

Wings India 2020, a flagship event of Indian Civil Aviation industry will be held at Begumpet Airport, Hyderabad from 12-15 March 2020. Also present at the event was the Guest of Honour, Mr K T Rama Rao, Minister for IT, Electronics & communication Department, Government of Telangana and Mission of Heads in India of Various foreign countries among other senior officers of Ministry of Civil Aviation.

‘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” Mr 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. 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. 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. ”

Speaking at the event, Mr KT Rama Rao, Minister for IT, Information Technology, Electronics & Communications Department, Government of Telangana said, “We are delighted to get the opportunity to host Asia's largest civil aviation event in Hyderabad, a city which has the potential to become an aviation hub for sector in the coming years. We are sure that the exhibition of such prestigious stature will give adequate stimulus to the local economy”.

 


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