With the underlying theme of ‘flying for all’, the global aviation industry is set to congregate at Wings India 2020 Hyderabad from March 12 to 15 with the singular agenda: Laying the groundwork for India’s Civil Aviation sector to absorb an expected investment of `100,000 Crore ($13.6 billion) in the next five years alone.
This Global Aviation Summit - India’s only focused event on Civil Aviation Industry - is set to be a key platform for policymakers, airlines, airports, industry captains, OEMs and regulators to deliberate on the shape of things to come. Over 150 exhibitors and close to a thousand delegates representing various stakeholders will meet with a focus on capacity building as India prepares itself for a four-fold increase in air traffic over the next 20 years, and for Aviation to be a key accelerator pushing the Indian economy to the $5 trillion threshold by 2025.
The global aviation industry will network and brainstorm on hitching on to the blueprint envisaging a growth in passenger traffic from 315 million to 1.1 billion by 2040, becoming the world’s third-largest aviation market in the first two years of this two-decade journey beginning now. This growth target involves a $290 billion procurement of over 2,100 aircraft - 900 in the next five years alone - building infrastructure including 100 new airports by 2025 - to support this soaring business.
Building an ecosystem to support high growth rates in aviation is on the agenda of the Indian policymaker. As it hosts the who’s who of the aviation business from across the world at Wings India 2020, the priorities of the Government of India include making affordable flying accessible to the common man under the UDAAN Region Connectivity Scheme (RCS) and building enabling infrastructure, creating a domestic leasing & financing base, robust MRO support and the disinvestment of Air India.
Denne historien er fra March 2020-utgaven av SP’s Aviation.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra March 2020-utgaven av SP’s Aviation.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
'ZEITENWENDE' - THE TURNING POINT!
In an exclusive interaction, Chief of Luftwaffe (German Air Force) Lieutenant General Ingo Gerhartz speaks with Consulting & Contributing Editor Manish Kumar Jha, in New Delhi on a comprehensive range of issues concerning German forces' modernisation, NATO's role, military acquisitions, and Germany's presence in the Indo-Pacific building a new era of military cooperation with India.
REWRITE THE RULE BOOK
The success of the Bhartiya Vayuyan Vidheyak Bill 2024 hinges on the Ministry of Civil Aviation's ability to translate its vision into reality through efficient administration and regulation.
DRIVING SUSTAINABLE AND ADVANCED AVIATION TECHNOLOGIES
Over seven decades of FIA, the airshow still remains significant, underscoring the industry's collective drive towards sustainability, Al-based solutions, advanced air mobility, strategic partnerships, significant orders and groundbreaking technologies
STEERING ECONOMIC GROWTH AND SOCIOECONOMIC DEVELOPMENT
The UDAN scheme has been a game-chan¢ger for India’s aviation industry, democratising air travel, stimulating economic development, and fostering regional connectivity becoming a cornerstone of India’s aviation strategy
THE HIGH-FLYING PATH TO A $5 TRILLION ECONOMY
A robust commercial aviation sector is propelling the Indian economy forward by serving as a catalyst for economic growth, driving tourism, trade, employment, and infrastructure development.
ROLE OF THE IAF IN NATION BUILDING
IAF's global reach to ensure India's ability to conduct defence diplomacy and humanitarian operations, highlight its crucial role in safeguarding and supporting the nation way beyond the traditional military functions.
EXPANDING INDIA'S GALACTIC HORIZONS
India's space economy is set for significant growth as the nation continues to be a major global player, driven by momentum in the private sector, new industry entrants, substantial investments, and supportive policy initiatives.
PRATT & WHITNEY EXPANDS INDIA OPERATIONS
New center will employ 150 aerospace experts and drive customer service and operations support
ADVANCING THE INDIAN AIR FORCE TRAINING CAPABILITIES
A new chapter has been introduced in the history of the Indian Air Force (IAF) with the inauguration of the Weapon Systems School (WSS) by Air Chief Marshal V.R. Chaudhari, Chief of the Air Staff (CAS), at Air Force Station Begumpet, Hyderabad on July 1, 2024.
PIPER J-3 CUB: TRUSTED TRAINER
When the Civilian Pilot Training (CPT) programme was established in anticipation of US involvement in World War II, the Piper J-3 Cub was chosen as the primary training aircraft. Ultimately, 75 per cent of all CPT pilots trained on a Cub