The new aviation policy has brought in a lot of forward-looking changes to boost the slumping aviation industry; these changes have been made to make the industry more dynamic and lucrative for all the players and to level the playing field. One of the major changes which have been welcomed by the smaller airlines is that, prior to the policy change, an airline needed to have 20 planes and five years of local operations to fly overseas.
Tag: Singhania Associates
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Poised to Take Off
Airports are the next infrastructural buzzword that will be the game-changer in IndiaĆĀ“s developmental leap. This buzzword is expected to be exploited using existing growth drivers like exponential growth in passenger traffic and incremental cargo volumes over the next decade.
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Abandon state monopoly in coal and captive mining
The coal sector remains the most inefficient and least open to private investment, despite coal being the countryĆĀ“s primary source of fuel, says Krrishan Singhania, Managing Partner, Singhania Associates.