RAIGAD: Posting orders for over 900 aircraft during the past one year, the aviation sector in India is poised for a huge growth in the coming years, Prime Minister Narendra Modi said here on Sunday.
Presently, there are a total of around 450 aircraft operating in the country, but that will be more than tripled with over 900 new aircraft to be deployed over the next few years in the country he said.
“Aviation sector worldwide is moving very fast... we cannot afford to lag. Since 70 years, there was no aviation policy in India, which we have implemented recently to provide all-round connectivity to the remotest corners of India at affordable rates,” Modi said at the foundation stone laying ceremony for the Rs 16,000 crore Navi Mumbai International Airport (NMIA) and inauguration of the country’s largest container terminal at Jawaharlal Nehru Port Trust (JNPT), built at a cost of Rs 4,719 crore.
“We want people wearing ‘hawai-chappal’ to be able to fly in a ‘hawai-jahaz’... the aviation sector has huge potential of giving over three-and-half times returns as from investment of Rs 100, we can get Rs 350 in a period of time by boosting trade and commerce, movement of people, tourism and all-round development,” he said. Maharashtra Governor CV Rao, Chief Minister Devendra Fadnavis, Union Ministers Nitin Gadkari, Ashok Gajapathi Raju, and Ramdas Athawale, state ministers and other senior officials were also present on the occasion.
Referring to the development of ports, the Sagarmala Project, and terrestrial projects in Mumbai and Navi Mumbai, Modi said the country needs world-class infrastructure for progress.