“No doubt the planes industry is going through a difficult stage. The decision to allow 49 % FDI will certainly force things in the positive route. I am looking towards access of little planes to provide new locations in India’s Tier-I, Tier-II and Tier-III places which hold a great prospective. We are looking towards linking these places with cities. We have to tap the wide middle-class section, which wants to travel by air. We will encourage the air carriers to make connection with such places to tap this prospective,” Mr. Singh said on the side lines of an Assocham meeting on Native indian civil planes industry here.
MOOD UPBEAT
To a question, Mr. Singh said only time would tell how many international air carriers would show interest in obtaining share in household providers. Nevertheless, he sensed, the feelings was high energy. Allowing FDI in planes would lead way for much-needed value infusion in Native indian providers, which were in serious need of resources, he added.
He said he would bring a Invoice in the winter period of Parliament to set up of a Municipal Aviation Power which would update the planes regulator, Directorate-General of Municipal Aviation . The govt was also working on making up a devoted civil planes protection power, as the Main Business Security Force, currently looking after planes protection, was established for a different objective. He said the govt was looking at copying the public-private-partnership design to create air-ports in little places. There was also a need to build low-cost air-ports at little places.
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