City
Epaper

India's aviation sector improved a lot under Modi government: President SITA, Asia Pacific

By ANI | Updated: June 13, 2024 21:05 IST

New Delhi [India], June 13 : India's aviation sector has improved a lot under the leadership of Prime Minister ...

Open in App

New Delhi [India], June 13 : India's aviation sector has improved a lot under the leadership of Prime Minister Narendra Modi, said Sumesh Patel, President of SITA, Asia Pacific.

Speaking to ANI, he also emphasized that the Modi government's focus on aviation has led to a considerable increase in the number of airports, ensuring broader access to air travel for the Indian population.

"The airports have increased under the leadership of the Modi government, they have a very large focus on aviation. And that is clearly making sure that every individual or every person in India could fly", said Patel.

SITA is a global company that provides information and telecommunications (ICT) solutions to the air transport industry.

Patel highlighted that India represents a critical market for companies operating within the aviation sector, attributing the rapid growth of the industry to supportive governmental policies and infrastructure developments.

"I think for us, India has been a key market. We have been in India since 1969 and in fact, Air India was our first Asia Pacific member who joined us in 1952. So we've been serving this industry for a very long time. India is certainly a key market for us. Aviation is one of the fastest growing right now. So our commitment from the SITA perspective is very strong in terms of India", said Patel.

SITA's expansion efforts in India include significant investment in back-office operations and software development, particularly in Delhi and Gurugram. This strategy not only supports the growth of the aviation sector but also contributes to the broader economic development of the region. By increasing its operations in India, SITA aims to leverage the country's burgeoning aviation market, which is one of the fastest-growing globally.

"So we are doing a lot of our back office and software development work into India, and especially in Delhi and Gurugram. So we are investing quite heavily and expanding a lot in India too" said Patel.

He also highlighted that the company is planning to bring the new technology to India's aviation sector at the lowest cost.

India's aviation sector is expected to overtake China and the United States as the world's third-largest air passenger market in the next ten years, by 2030, according to the International Air Transport Association (IATA).

Further, the rising demand in the sector has pushed the number of aeroplanes operating in the sector. The number of aeroplanes is expected to reach 1,100 planes by 2027.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalUkraine offers condolences to Canada after "heartbreaking" Vancouver festival tragedy

Other SportsIndia wins big at 2nd Asian Yogasana Sport Championship with record 83 Gold Medals!

Cricket"It was a top win, especially looking at the surface": Virat Kohli reflects on RCB's victory over DC

CricketRoyal Challengers Bengaluru tops point table after six-wicket win over Delhi Capitals

FootballLiverpool becomes Premier League champions for 2024-25 season

Business Realted Stories

BusinessSolid monetary frameworks helped emerging markets navigate recent crises: Gita Gopinath

BusinessPiyush Goyal lashes out at Big Pharma for evergreening patents

BusinessSEBI joins DigiLocker to reduce unclaimed assets, protect nominees’ interests

BusinessOver 170 million lifted above poverty line in India, Modi government and Congress claim credit

BusinessIndia, as fastest growing economy, is ideal investment destination: RBI Governor