A telecom like revolution in Indian aviation can enable everyone to fly and it can happen with pragmatic approach by the government and all stakeholders feel experts.
“The root cause behind India’s struggling aviation sector is its wrong perception as an elitist service rather than a time-saving tool. It is over-taxed, over-regulated, over-protected and suffers from high structural costs. It is quite similar to where Indian telecom was, two decades back,” said Amber Dubey, Partner and India Head of Aerospace and Defence, at global consultancy KPMG.
“The best part — most of the problems are actually man-made and hence addressable. We need to repeat the telecom revolution in aviation, drastically bringing down the cost of flying and taking flying to the interiors of the country,” Mr. Dubey said at an interactive meeting organised by the Indian Merchants’ Chamber (IMC) on “Doing a telecom like revolution in aviation — Possibilities and Pitfalls.”
This will require sacrifices by all stakeholders and to bring airfares down to the level of Rs.2,000 to Rs.2,500 for a one hour flight in a regional sector.
The government needs to grant infrastructure status to aviation as well as a ten-year tax holiday to the sector.
Read news in full 16/08/15 The Hindu
“The root cause behind India’s struggling aviation sector is its wrong perception as an elitist service rather than a time-saving tool. It is over-taxed, over-regulated, over-protected and suffers from high structural costs. It is quite similar to where Indian telecom was, two decades back,” said Amber Dubey, Partner and India Head of Aerospace and Defence, at global consultancy KPMG.
“The best part — most of the problems are actually man-made and hence addressable. We need to repeat the telecom revolution in aviation, drastically bringing down the cost of flying and taking flying to the interiors of the country,” Mr. Dubey said at an interactive meeting organised by the Indian Merchants’ Chamber (IMC) on “Doing a telecom like revolution in aviation — Possibilities and Pitfalls.”
This will require sacrifices by all stakeholders and to bring airfares down to the level of Rs.2,000 to Rs.2,500 for a one hour flight in a regional sector.
The government needs to grant infrastructure status to aviation as well as a ten-year tax holiday to the sector.
Read news in full 16/08/15 The Hindu
No comments:
Post a Comment