Mr. Jayant Sinha Ministry of Civil Aviation, the PPP Experts Inagurated IMC’s Airports Investments Summit
Mumbai : IMC Chamber of Commerce & Industry is organizing its Airport Investments Summit – Enhancing
Public Private Partnership”.Speaking at the inaugural session of the IMC organized
two days international meet on Airport Investments Summit, Mr. Jayant Sinha
said the current decade will drive India’s growth through Aviation. He said
India is at a take off stage wherein the entire eco system of the aviation sector
is likely to see unprecedented growth. He said the sector is growing at 20%
since past three years, with 170mn passengers flying.
He said the present government has taken four major
initiatives in terms of stabilising policy decisions through a national civil
aviation policy, which apart from other impacts has enlarged the scope of FDI
in direct and ancillary segments. He said other initiatives are related to
increasing customer delight thru customer centric approach for which they have
launched a novel digital based Digi Yatra, safety initiatives to encompass
entire gamut of safety and security arenas and the most innovative programme to
make flying affordable through UDAN and connecting tier 3 and tier 4 cities
through low cost aviation.
He said the government is keen to encourage further
investments through FDI and is working on a favorable revenue model to suit
both the investors for their returns and also for bringing new clients into the
flying fold. He said the government is planning to expand the reach of UDAN
through building 50 new airports to take the current number of 106 to about
175-200 airports. He exuded confidence that the new disposition will also
create additional jobs much beyond the current level of 2 lacs. He said over
all the target of the Ministry is to triple the activities. Earlier, welcoming the Minister Mr. Deepak
Premnarayen, President, IMC complimented the various progressive steps taken by
the government over the past three years. These helped in confidence building
which made investments attractive for the foreign investors.
About
IMC : Set up in 1907, IMC is an apex Chamber of trade &
commerce with headquarter in Mumbai. It has about 2700 direct members,
comprising a cross section of the business community, including public and
private limited companies and over 215 trade and industry associations through
which the Chamber reaches out to over 2,50,000 business establishments in the
country. IMC is the first Chamber in India to get ISO 9002-2000 certification
which has since been upgraded to ISO 9001: 2008. IMC is the only business
Chamber in India where, the Father of the Nation, Mahatma Gandhi, was
associated as an honorary member.
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