/Tag: Aviation

India’s Civil Aviation sector gets a leg up in Budget 2021

2021-02-03T06:56:59+00:00February 2nd, 2021|Guest Columns - India Global Business, Insight - India Global Business|

India's finance minister in her budget speech proposed a tax holiday for aircraft-leasing companies and tax exemptions for airlines paying lease rentals to foreign lessors if they choose to be based in the country's upcoming international finance hub.

Sitharaman aims to ensure that the Indian MRO sector flies high

2020-12-10T14:22:02+00:00May 30th, 2020|Analysis - India Global Business, India Inc Views - India Global Business|

The government plans to turn India into a global maintenance, repair and overhaul hub for Indian and foreign commercial aircraft. To increase India’s global competitiveness in a post-Covid world, the Finance Minister announced plans to liberalise the sector to encourage its growth.

Has COVID-19 infected international travel for good?

2020-05-11T04:51:19+00:00April 10th, 2020|2020, Analysis - India Global Business, India Inc Views - India Global Business, UK Edition – 10 April-23 April 2020|

The impact of the coronavirus on the aviation industry will transform global travel in myriad ways. Highlights: The coronavirus pandemic is causing a massive strain on the aviation industry due to restrictions on travel. In India, the biggest impact will be felt by state-owned Air India. A series of interim solutions are being looked into by governments around the world to try and keep grounded airlines afloat and save the cash-poor ones from bankruptcy. The one standout outcome of [...]

Coronavirus outbreak: Short-term pain, long-term gain likely for India

2020-05-11T04:02:39+00:00March 13th, 2020|2020, Analysis - India Global Business, Home Page, India Inc Views - India Global Business, North America Edition – 13 March-26 March 2020, UK Edition – 13 March-26 March 2020|

As summer approaches in both China and India, the chances of the virus outbreak dissipating will brighten. Like all challenges, it will bring significant opportunities. Highlights: India’s mobile phone and electronics manufacturing sectors have been impacted by the coronavirus outbreak as almost 75 per cent of all components needed by these industries come from China. The continuing decline in global crude prices due to the outbreak will help India keep both the fiscal and current account deficits in check. Several [...]

Hamburg is a freeport of innovative ideas

2020-05-11T03:26:16+00:00March 2nd, 2020|2020, Guest Columns - India Global Business, Hotspot - India Global Business, North America Edition – 28 Feb-12 March 2020, UK Edition – 28 Feb-12 March 2020|

The German city can help resolve some of the challenges faced by India’s developing economy, says the Managing Director of the region’s leading investment promotion agencies. Highlights: The mix of economic potential and a high quality of life makes Hamburg the powerful heart of northern Europe. Several research and innovation parks in Hamburg offer commercial spaces for innovative companies, research facilities and entrepreneurs, providing the ideal breeding ground for upcoming world market leaders. Sectors like aviation, infrastructure, technology, healthcare, maritime [...]

India-France defence partnership takes flight

2020-09-21T09:00:48+00:00October 11th, 2019|2019, North America Edition – 11th October 2019, UK Edition – 11th October 2019|

As Indian Defence Minister Rajnath Singh flew a sortie in a brand new Rafale fighter jet acquired for the Indian Air Force (IAF) in France, it marked a step change in bilateral ties which are expected to spill over into Make in India gains. India’s Defence Minister, Rajnath Singh, declared the French-made Rafale fighter jet as an exponential boost for the country’s air dominance moments after he flew a sortie at Merignac Airport in Bordeaux, France, in the first of [...]

What ails the Indian civil aviation sector

2019-05-10T11:49:41+00:00May 8th, 2019|2019, Global Edition – April 2019, Home Page|

Indian airlines are growing the fastest in the world, but a majority of them are also losing money. A number of factors, such as the world’s highest aviation turbine fuel prices and problems with some aircraft brands, are challenges they need to overcome but there’s massive room for growth as a majority of Indians still consider flying very expensive. India’s oldest private sector airline, Jet Airways, downed shutters “temporarily” in April as lenders tried to find a white knight buyer [...]