Wednesday, November 07, 2012

Indian aviation sector capable of growing by 130%: Bird Group

New Delhi:  Bird Group today said the Indian aviation sector can achieve growth of up to 130 per cent with the relaxation of FDI norms but the step should have been taken much earlier.
"I think the FDI in aviation should have come much earlier," Bird Group Executive Director (India) Ankur Bhatia said at the World Economic Forum on India here.
With FDI coming in, the Indian aviation sector is capable of growing 120-130 per cent, he added.
"We do not have regional infrastructure where there is potential of people flying more. If foreign airlines come in, they will look at the infrastructure first," Bhatia said.
07/11/12 PTI/Economic Times
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