..:: India Strategic ::. Civil Aviation: Enhancing Air Connectivity will be India Aviation’s aim in 2014

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Editorial

Enhancing Air Connectivity will be India Aviation’s aim in 2014

Published :March 2014

New Delhi. Indian aviation sector has witnessed a remarkable growth in the last decade. Rapidly expanding air transport network and opening up of the airport infrastructure to private sector participation have fuelled the growth of the air traffic in the country. India is likely to be the fastest growing aviation market in the world in the next 20 years. Indian airport system is poised to handle 336 million domestic and 85 million international passengers by 2020, from the current level of 121 million domestic and 41 million international passengers, making India the third largest aviation market. According to International Air Transport Association’s (IATA) Airline Industry Forecast 2012-2016, India’s domestic air travel market would be among the top five globally, experiencing the second highest growth rate at CAGR of 13.1per cent.

The second phase of growth in Indian aviation is expected to come from Tier-II and Tier-III cities. The non-metro airports presently account for only about 30 per cent of the total air traffic, which is expected to rise to 45 per cent in the next few years, representing vast untapped future market potential. With smaller cities set to lead the air traffic growth in the country, the government is planning to build nearly 200 low-cost airports in the next 20 years to meet the demand for air travel.

Indian government has taken significant measures for providing affordable air connectivity to remote and interior areas of the country - the North Eastern Region and Tier-II & III cities of India. Apart from the development of low-frill airports and modification of Route Dispersal Guidelines, Government is in the process of formulation of a policy for the promotion of regional and remote-area connectivity, incentivising Indian airlines to operate on these routes, by code-sharing and seatcredit mechanism.

The 4th International Conference on Civil Aviation is being organised by the Ministry of Civil Aviation, Government of India and Federation of Indian Chamber of Commerce and Industry (FICCI) on March 13, 2014 at Hyderabad during the India Aviation 2014 Show In which, the USA and France have confirmed to be the ‘Partner Country’ and ‘Guest Country’, respectively.

The Conference provides an unmatched platform for the aviation players, all over the world, to debate on diverse topics relating to policy & regulatory regime, emerging challenges & opportunities, international best practices, etc. The conference agenda, jointly developed by Ministry of Civil Aviation and FICCI - India’s apex industry association, promises to address the key challenges confronting the sector and lay down the future roadmap for seamless and sustainable growth of Civil Aviation in India. It also provides immense networking opportunities with key policy makers, senior Government officials, global experts and corporate leaders, potential customers/ business partners, etc and enables them to tap the emerging investment opportunities in the Indian Civil Aviation Market.

Launched in 2008, this biennial event has emerged as the largest platform for providing exciting opportunity for global players to tap immense opportunities in the fast growing Indian aviation market and for Indian players to interface with their global counterparts. The last three editions of India Aviation received tremendous response from international as well as national aviation stakeholders. This flagship aviation event is now firmly established as a key event on the international aerospace calendar which will provide an excellent platform for developing business-to-business contacts.