New Delhi. 28 February 2019.Aviation Conclave 2019 set the 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. Suresh Prabhu, Union Minister of Commerce, Industry and Civil Aviation has said that aviation sector has the potential to add to the growth of Indian economy. Inaugurating the Aviation Conclave 2019 with an overarching theme of “Flying for All” , Prabhu said a growing aviation sector can carry along many other sectors to spur up the GDP. He said that to achieve growth in the sector, there must be a clarity in policy dynamics, a sync between the ‘Macro’ and the ‘Micro” and explained that it will mean clear long-term strategy with immediate actionable plans. He said, Drones offer a Greenfield opportunity for the aviation sector.e 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, in his special address, said that “focus is now on PPP model for 6 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.
A ‘Passenger Charter’ was released on the occasion.
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. 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. Aviation Conclave deliberated on taking the Government’s agenda to bring new aviation business to India, in particular, drones systems, manufacturing of aircraft in India, financing and leasing of aircraft from India by Indian and foreign airlines, transforming Indian airports into next-gen aviation hubs, and unleashing the air cargo potential by integrating every village of India in global value chains. “This Conclave is about the future of Indian aviation – it bringing together industry leaders, government and regulators for setting the tone and propelling us to realize our Vision-2040”, he stated
Commenting on the objectives of the Conclave, Jayant Sinha, Minister of State of Civil Aviation said, “Over the last five years, Indian aviation sector has seen tremendous growth backed by judicious regulations and appropriate policy support. With more than a hundred commercially-connected airports, aviation is now central to the lives of Indians. We are committed to growing the industry by encouraging and opening new segments: I am confident that this conclave with its focus on path-breaking areas will provide the foundation for Indian aviation’s next leg of growth.”
Over 30 industry leaders will discuss and deliberate across 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 would throw up key catalysts to fast track the holistic and broad-based growth of the passenger, cargo and MRO sectors. Over 200 delegates will take part in the discussions
Indian civil aviation industry is undergoing an unprecedented era of expansion, driven by factors such as low-cost carriers (LCCs), modern airports, Foreign Direct Investment (FDI) in domestic airlines, advanced information technology (IT) interventions and strong focus on regional connectivity.
