Social Icons

twitterfacebooklinkedin

Wednesday 18 January 2017

In next 5 years, $10 bn will be invested in aviation

A sum of USD 10 billion would be spent in next five years to develop airport infrastructure in India so that the country could become the world’s third largest aviation market in seven years, Civil Aviation Secretary R N Choubey has said.

As many as 400 unused airstrips across the country that had become cattle grazing grounds would be brought back to life, he said, reports PTI. Addressing a day-long India Aviation Summit, Choubey said the Civil Aviation Ministry was determined to maintain the “historic” 23 per cent growth rate achieved in the aviation sector in the country. “USD 10 billion would be spent in next five years to develop airport infrastructure. Our aim is to become the third largest aviation market in the next seven years. We are determined to stay ahead of the growth curve,” he said.
To Read the News in Full 13/01/17 The Free Press Journal
 mobile app1.jpg

No comments:

Post a Comment