Flying for all.. Aviation sector is capable to spur up the GDP..!

New Delhi, February 27: "Aviation sector has the potential to add to the growth of Indian economy. A growing aviation sector can carry along many other sectors to spur up the GDP. There must be a clarity in policy dynamics, a sync between the Macro and the Micro. To achieve growth in the sector, it will mean clear long-term strategy with immediate actionable plans”, said Commerce Minister Suresh Prabhu while inaugurating the Aviation Conclave 2019 with an overarching theme of ‘Flying for All’ here today in the national capital.

 

Drones offer a Greenfield opportunity for the aviation sector. Outlining the roadmap for aircraft manufacturing, aircraft leasing and financing for long term asset creation, Prabhu said that the government is striving to keep the system efficient, fair and approachable.

“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. Realizing government’s vision of making Flying for All, Prabhu underpinned the government’s commitment to bring about a veritable revolution in the Indian aviation sector.

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 India, 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.

The deliberations are expected to throw up key catalysts to fast track the holistic and broad-based growth of the passenger, cargo and MRO sectors. Over 200 delegates took part in the discussions.