India needs a clear
aviation policy that promotes healthy investment and addresses the factors
retarding the growth of the air transport sector, Chairman of Kingfisher
Airlines Vijay Mallya has said.
Delivering the
presidential address at the 63{+r}{+d}annual general body meeting of the
Aeronautical Society of India (AeSI) on Friday, Mr. Mallya, who is also the
president of the society, said air operators in the country were facing adverse
financial and operating conditions. Issues of taxation, user development fee
and high input costs were affecting the aviation sector, one of the major
drivers of economic growth.
“Despite the rapid
growth of the past decade, the number of trips undertaken per capita in India
still remains low at 0.04 compared to 0.25 in Brazil, 0.54 in Malaysia and 0.15
in China,” Mr. Mallya said, adding that a clear civil aviation policy would
help address the industry's needs.
In his inaugural
address, P.S. Veeraraghavan, director, VSSC, said India was emerging a strong
contender in all fields of aerospace and aviation industry. A national
conference on Advances in Thermophysics and Heat Transfer in Aerospace was
organised in connection with the annual general body meeting of the society.
In his address, S.
Ramakrishnan, director, Liquid Propulsion Systems Centre (LPSC), underlined the
importance of bringing together experts in various fields for the
indigenisation of propulsion systems.
Mr. Mallya also
presented the National Aeronautical Prize instituted by the society to Mr.
Veeraraghavan for his contribution to the development of satellite launch
vehicle technologies.
No comments:
Post a Comment