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Indian PM seeks to align aviation framework to support USD120bn investment

5-Jul-2010 10:39 AM

India's Prime Minister, Dr Manmohan Singh, stated regulatory and policy framework needs to be aligned for the Indian civil aviation sector to stimulate investment of up to USD120 billion by 2020 (Press Trust of India, 05-Jul-2010).

Indian Government:
India is the ninth largest aviation market in the world. Ten scheduled airlines are operating here compared to two in the '90s. During the same period, the number of aircraft deployed by the airlines has increased by four times from 100 to 400,” Dr Manmohan Singh, Prime Minister. Source: Press Trust of India, 05-Jul-2010.