Mumbai: Raising the limit of Foreign Direct Investment (FDI) in airlines by foreign players to 49 per cent has opened up a whole new market for the Indian aviation sector. Permitting 100 per cent FDI in greenfield airports has further proved beneficial for investors. The open-sky policy announced soon after the liberalisation period also created room for Indian companies to launch business verticals in the aviation sector. 'From the outside looking in: Opportunities for foreign airport operators' was the topic being discussed at length yesterday on day two of the CAPA India Aviation Summit, held at Taj Mahal Palace hotel, Mumbai. The panellists were Kai Zobel, Vice President Global Investments & Management, Fraport; Christian Sigg, Vice President International Business, Zurich Airport; George Roberts, Director - Project Development, ADC & HAS Airports Worldwide; and Amitabh Malhotra, Managing Director (MD), Rothschild India. The session was moderated by Kapil Kaul, CEO - South Asia, CAPA.
The panellists spoke about the opportunities for foreign airport operators in the Indian aviation sector. The four major international airports developed on a Public-Private Partnership (PPP) model were also discussed, and panellists were of the opinion that more such joint-venture companies should be established to develop infrastructure and strengthen the aviation business.
01/11/12 TravelBizMonitor
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The panellists spoke about the opportunities for foreign airport operators in the Indian aviation sector. The four major international airports developed on a Public-Private Partnership (PPP) model were also discussed, and panellists were of the opinion that more such joint-venture companies should be established to develop infrastructure and strengthen the aviation business.
01/11/12 TravelBizMonitor
