The CAPA India Aviation Summit 2012 held in Mumbai recently saw industry leaders engage in dynamic discussions on the existing challenges, future of the Indian aviation sector and investment opportunities.
CAPA India Aviation Summit 2012 saw stakeholders from the industry voice their forthright opinion on the various issues that make the sector such a challenge despite being a market of high growth rate. Highlighting the various problems afflicting the industry, Peter Harbison, executive chairman, CAPA rued the fact that India is getting replaced as the 'I' from BRIC countries by Indonesia. “And that goes straight to the bottomline of foreign investment in India. However, there is light ahead – there are world class airlines here, the airports are improving, Air Traffic Control (ATC) has improved, and other factors,” he said.
With problems that range from underdeveloped infrastructure to legislative and bureaucratic mindset resting on inertia, the question remains that does India actually care about its aviation industry? The panel discussion focused on doing a reality check on the state of the industry and was moderated by BBC World's Nik Gowing.
11/12/12 Kahini Chakraborty, Sudipta Dey/Financial Exprerss
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CAPA India Aviation Summit 2012 saw stakeholders from the industry voice their forthright opinion on the various issues that make the sector such a challenge despite being a market of high growth rate. Highlighting the various problems afflicting the industry, Peter Harbison, executive chairman, CAPA rued the fact that India is getting replaced as the 'I' from BRIC countries by Indonesia. “And that goes straight to the bottomline of foreign investment in India. However, there is light ahead – there are world class airlines here, the airports are improving, Air Traffic Control (ATC) has improved, and other factors,” he said.
With problems that range from underdeveloped infrastructure to legislative and bureaucratic mindset resting on inertia, the question remains that does India actually care about its aviation industry? The panel discussion focused on doing a reality check on the state of the industry and was moderated by BBC World's Nik Gowing.
11/12/12 Kahini Chakraborty, Sudipta Dey/Financial Exprerss
