The Civil Aviation Minister Ajit Singh has said that increase in Foreign Direct Investment would give a boost to the aviation sector in India.Talking to AIR, on the sidelines of a meeting in Dubai, he said the decision to increase the investment limits in the airline sector in India is an enabling provision, which will bring an increased flow of capital, new expertise and technology, quality services, improvement in airport infrastructure and maintenance. The Minister said in the long run, it is bound to help the growth of aviation industry in the country.Mr. Ajit Singh said a series of measures have been taken to improve the performance and efficiency of the Air India. Now, the airlines occupies second position in the domestic market.He said that the gulf region is one of the major destinations for Air India and efforts are on to further improve its performance. The Minister said he will try his level best to ensure that NRI air travel is hassle free. The Air India recently inducted generation next Dreamliner aircraft on Delhi-Dubai-Delhi route.
News On AIR | October 20, 2012 7:48 PM
Increase FDI to boost aviation sector of Country: Ajit Singh