India Aviation (Hyderabad, India)

From 2010-03-03 to 2010-03-07

Investments are being made to build & renew airport infrastructure to handle the growing air traffic of over 580 million passengers by 2016-17

Airport Authority of India has proposed spend of INR 4662 Crores to modernize 35 Non Metro airports to world-class standards.

In order to encourage private participation in the airport infrastructure sector the government has further liberalized the foreign equity participation upto 100%

80 airports will be upgraded to meet all operational communication requirements of air traffic services

Creating of a multi modal cargo hub also offers a great business opportunity

Alliance Air proposes to develop Green fields airports for ATR-72 operation in three states of India

10 green field airports are also being planned

Training facilities at Indra Gandhi Rashtriya Uran Academy(IGRUA) will also be upgraded. IGRUA is planning to spend US$ 5.25 million for this single project

Government proposes to establish a premier pilot training institute at Gondia, Maharashtra & will look for entering into joint ventures

The MRO business is also set to gain momentum considering the low cost & highly skilled labour in India coupled with cost sensitive customers & growing fleet size. Thus posing a significant investment opportunity with a potential to service a fleet of 1000 commercial & 500 general aviation aircraft.

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