The document provides information on the Indian airport sector. Some key points:
- Passenger traffic at Indian airports is expected to increase from 223.61 million in 2016 to 421 million by 2020, making India the third largest aviation market.
- The travel and tourism industry is forecast to grow at a CAGR of 6.75% to USD280.51 billion by 2026 from USD146.02 billion in 2016.
- India had 464 airports and airstrips as of 2016, of which 125 airports are owned and managed by the Airports Authority of India (AAI). The six major airports by passenger traffic are Delhi, Mumbai, Bengaluru, Chennai, Hyderabad
The document provides an overview of the Indian airports sector. Some key points:
- Passenger traffic at Indian airports is expected to increase from 223.61 million in 2016 to 421 million by 2020, making India the third largest aviation market.
- Total investments of USD 12.1 billion are planned for the airport sector during 2012-2017, with private investments accounting for USD 9.3 billion.
- As of 2016, India had 125 airports managed by the Airports Authority of India and 339 non-AAI airports and airstrips. The six major airports are Delhi, Mumbai, Bengaluru, Chennai, Hyderabad and Kolkata.
The document discusses trends in India's aviation industry and airport sector. It notes that passenger traffic at Indian airports is expected to increase significantly by 2020 and 2030, positioning India as the third largest aviation market globally. The middle class population is also projected to rise markedly in India. The aviation sector has seen major growth in recent years and increased investments are being made in airports through public-private partnerships. The six largest airports in India are also highlighted in terms of passenger traffic handled.
- Passenger traffic at Indian airports has grown significantly over the past decade and is expected to reach 421 million by 2020. The six major airports in India saw passenger traffic increase between 11-23% in the last fiscal year.
- India has 464 airports and airstrips, of which 125 are owned and managed by the Airports Authority of India. The six largest airports by passenger traffic are located in Delhi, Mumbai, Bengaluru, Chennai, Hyderabad, and Kolkata.
- Domestic passenger traffic has expanded at a 12.73% CAGR between 2006-2016, reaching 168.89 million in 2016. International passenger traffic grew at a 9.36% CAG
- India has seen strong growth in its aviation sector over the past decade, with the number of operational airports increasing from 50 to 95 between 2000-2016.
- Six major airlines operate in India, with Indigo having the largest market share of 38.6% as of May 2016.
- The six busiest airports by passenger traffic in FY2016 were Delhi, Mumbai, Bengaluru, Chennai, Hyderabad, and Kolkata.
- Total passenger traffic grew 17.6% in FY2016 to reach 223.6 million, with domestic traffic expanding at a faster rate than international traffic.
Total aircraft movement in India has grown at a CAGR of 6.5% between FY06-16. In FY16, total aircraft movement stood at 7.24 million. Domestic aircraft movement grew at a CAGR of 7.2% during the same period. In FY16, domestic aircraft movement was at 6.15 million. International aircraft movement grew at a CAGR of 4.6% between FY06-16. In FY16, international aircraft movement was at 1.09 million. Growth in aircraft movement is expected to continue on the back of rising passenger and freight traffic in India.
- Passenger traffic at Indian airports is expected to increase from 223.61 million in 2016 to 421 million by 2020, making India the 3rd largest aviation market.
- The number of operational airports in India is projected to grow from 44 in FY2015 to 95 by FY2020 to accommodate rising demand from the expanding middle class and growing business sector.
- Six major airlines operate in India, with Indigo having the largest market share of 39.9% as of March 2017, while Jet Airways, SpiceJet, Air India, GoAir and Jetlite make up the rest of the top carriers.
The document provides an overview of the aviation industry in India. Some key points:
- India is set to become the third largest aviation market globally by 2020 with passenger traffic expected to reach 421 million by 2020, up from 308.75 million in 2017-18.
- The contribution of travel and tourism to India's GDP is expected to increase from US$234 billion in 2017 to US$251 billion in 2018 and further to US$492 billion by 2028, driven by growth in business and leisure travel.
- Major trends in the industry include rising air passenger and freight traffic, increasing number of airports and aircraft movement. Between FY06-18, passenger traffic grew at a CAGR of
The document provides an overview of the aviation industry in India. Some key points:
- India's aviation market is growing rapidly and is expected to become the third largest by 2020 with passenger traffic reaching 421 million by 2020.
- The contribution of travel and tourism to India's GDP is expected to increase from US$234 billion in 2017 to US$251.64 billion in 2018 and further to US$492.21 billion by 2028.
- Business and leisure travel spending is also forecast to rise significantly over the next decade, boosting the overall growth of the aviation industry.
The document provides an overview of the Indian airports sector. Some key points:
- Passenger traffic at Indian airports is expected to increase from 223.61 million in 2016 to 421 million by 2020, making India the third largest aviation market.
- Total investments of USD 12.1 billion are planned for the airport sector during 2012-2017, with private investments accounting for USD 9.3 billion.
- As of 2016, India had 125 airports managed by the Airports Authority of India and 339 non-AAI airports and airstrips. The six major airports are Delhi, Mumbai, Bengaluru, Chennai, Hyderabad and Kolkata.
The document discusses trends in India's aviation industry and airport sector. It notes that passenger traffic at Indian airports is expected to increase significantly by 2020 and 2030, positioning India as the third largest aviation market globally. The middle class population is also projected to rise markedly in India. The aviation sector has seen major growth in recent years and increased investments are being made in airports through public-private partnerships. The six largest airports in India are also highlighted in terms of passenger traffic handled.
- Passenger traffic at Indian airports has grown significantly over the past decade and is expected to reach 421 million by 2020. The six major airports in India saw passenger traffic increase between 11-23% in the last fiscal year.
- India has 464 airports and airstrips, of which 125 are owned and managed by the Airports Authority of India. The six largest airports by passenger traffic are located in Delhi, Mumbai, Bengaluru, Chennai, Hyderabad, and Kolkata.
- Domestic passenger traffic has expanded at a 12.73% CAGR between 2006-2016, reaching 168.89 million in 2016. International passenger traffic grew at a 9.36% CAG
- India has seen strong growth in its aviation sector over the past decade, with the number of operational airports increasing from 50 to 95 between 2000-2016.
- Six major airlines operate in India, with Indigo having the largest market share of 38.6% as of May 2016.
- The six busiest airports by passenger traffic in FY2016 were Delhi, Mumbai, Bengaluru, Chennai, Hyderabad, and Kolkata.
- Total passenger traffic grew 17.6% in FY2016 to reach 223.6 million, with domestic traffic expanding at a faster rate than international traffic.
Total aircraft movement in India has grown at a CAGR of 6.5% between FY06-16. In FY16, total aircraft movement stood at 7.24 million. Domestic aircraft movement grew at a CAGR of 7.2% during the same period. In FY16, domestic aircraft movement was at 6.15 million. International aircraft movement grew at a CAGR of 4.6% between FY06-16. In FY16, international aircraft movement was at 1.09 million. Growth in aircraft movement is expected to continue on the back of rising passenger and freight traffic in India.
- Passenger traffic at Indian airports is expected to increase from 223.61 million in 2016 to 421 million by 2020, making India the 3rd largest aviation market.
- The number of operational airports in India is projected to grow from 44 in FY2015 to 95 by FY2020 to accommodate rising demand from the expanding middle class and growing business sector.
- Six major airlines operate in India, with Indigo having the largest market share of 39.9% as of March 2017, while Jet Airways, SpiceJet, Air India, GoAir and Jetlite make up the rest of the top carriers.
The document provides an overview of the aviation industry in India. Some key points:
- India is set to become the third largest aviation market globally by 2020 with passenger traffic expected to reach 421 million by 2020, up from 308.75 million in 2017-18.
- The contribution of travel and tourism to India's GDP is expected to increase from US$234 billion in 2017 to US$251 billion in 2018 and further to US$492 billion by 2028, driven by growth in business and leisure travel.
- Major trends in the industry include rising air passenger and freight traffic, increasing number of airports and aircraft movement. Between FY06-18, passenger traffic grew at a CAGR of
The document provides an overview of the aviation industry in India. Some key points:
- India's aviation market is growing rapidly and is expected to become the third largest by 2020 with passenger traffic reaching 421 million by 2020.
- The contribution of travel and tourism to India's GDP is expected to increase from US$234 billion in 2017 to US$251.64 billion in 2018 and further to US$492.21 billion by 2028.
- Business and leisure travel spending is also forecast to rise significantly over the next decade, boosting the overall growth of the aviation industry.
The document provides an overview of the aviation industry in India. Some key points:
- India is set to become the 3rd largest aviation market in the world by 2020 and passenger traffic at Indian airports is expected to increase to 421 million by 2020 from 264.99 million in 2016-17.
- The travel and tourism industry in India is forecast to grow at a CAGR of 6.66% to $423.7 billion by 2026 from $100 billion in 2017. Spending on business and leisure travel is also expected to see significant increases.
- Factors like rising incomes, a growing middle class, government initiatives to increase the number of airports, and growth in international trade are driving
- India's aviation market is growing rapidly and is projected to become the third largest in the world by 2024. Air passenger traffic in India grew at a CAGR of 12.72% between FY06-18 to reach 308.75 million.
- Freight traffic also increased over the same period, with domestic freight growing at a CAGR of 7.96% and international freight at 7.30%. Total freight traffic reached 3.36 million tonnes in FY18.
- Contribution of travel and tourism to India's GDP is expected to increase from US$234 billion in 2017 to US$492 billion by 2028, driven by growth in both business and leisure travel.
The document provides an overview of the aviation industry in India. Some key points:
- India is set to become the 3rd largest aviation market in the world by 2020 and passenger traffic at Indian airports is expected to increase to 421 million by 2020 from 264.99 million in 2016-17.
- Total freight traffic grew at a CAGR of 7.08% between FY06-17, with domestic freight increasing at 7.95% and international freight at 6.58%.
- Major airlines operating in the country are IndiGo, Jet Airways, Air India, SpiceJet, GoAir and Jetlite, which account for over 80% of the passenger market.
The document provides an overview of the aviation industry in India. Some key points:
- India is set to become the 3rd largest aviation market by 2020 and passenger traffic at Indian airports is expected to increase to 421 million by 2020 from 264.99 million in 2016-17.
- The travel and tourism industry is forecast to grow at a CAGR of 6.66% to $423.7 billion by 2026 from $100 billion in 2017. Spending on business and leisure travel is also expected to see strong growth.
- Major players in the aviation industry include Indigo, Jet Airways, Air India, SpiceJet and GoAir, which together account for over 80% of the domestic
The document provides an overview of the aviation industry in India. Some key points:
- India is set to become the 3rd largest aviation market in the world by 2020 and passenger traffic at Indian airports is expected to increase to 421 million by 2020 from 264.99 million in 2016-17.
- The travel and tourism industry in India is forecast to grow at a CAGR of 6.66% to $423.7 billion by 2026 from $100 billion in 2017. Spending on business and leisure travel is also expected to see strong growth.
- Factors like rising incomes, a growing middle class, government initiatives to increase the number of airports, and an increase in trade and freight
- India's aviation market is set to become the 3rd largest in the world by 2020 and is expected to be the largest by 2030.
- Passenger traffic at Indian airports is expected to increase to 421 million by 2020 from 264.99 million in 2016-17.
- Freight traffic is also expected to grow as trade with the rest of the world increases. Total freight traffic is projected to reach 4.14 million tonnes by 2023.
The document provides an overview of the aviation industry in India. Some key points:
- India is set to become the 3rd largest aviation market in the world by 2020 and passenger traffic at Indian airports is expected to increase to 421 million by 2020 from 264.99 million in 2016-17.
- The travel and tourism industry is forecast to grow at a CAGR of 6.66% to $423.7 billion by 2026 from $100 billion in 2017. Business and leisure travel are expected to drive this growth.
- Freight traffic is also expected to increase as India's trade with other countries grows. Total freight traffic is projected to reach 4.14 million tonnes by 2023, growing
- India's aviation market is set to become the 3rd largest by 2020 and is expected to be the largest by 2030. Passenger traffic at Indian airports is expected to increase to 421 million by 2020 from 264.99 million in 2016-17.
- Travel and tourism industry is forecast to grow at a CAGR of 6.66% to $423.7 billion by 2026 from $100 billion in 2017. Business and leisure travel are expected to drive growth.
- Freight traffic in India grew at a CAGR of 6.8% during 2006-2016 and is poised for further growth. Total freight traffic is expected to touch 4.14 million tonnes by 2023 exhibiting a C
The document provides an overview of the aviation industry in India. Some key points:
- India's aviation market is growing rapidly and is projected to become the third largest by 2024, surpassing the UK.
- Passenger traffic at Indian airports is expected to increase to 421 million by 2020 from 308.75 million in 2017-18. During April 2018-February 2019, air passenger traffic stood at 316.51 million.
- Travel and tourism is contributing increasingly to India's GDP, rising to US$ 247.30 billion in 2018 from US$ 234.03 billion in 2017, and is forecasted to reach US$ 492.21 billion by 2028. Business and leisure travel are major
- India's aviation market is growing rapidly and is expected to become the third largest in the world by 2024. Passenger traffic in India grew at a CAGR of 12.72% between FY06-FY18 to reach 308.75 million passengers in FY18. Domestic passenger traffic grew at a CAGR of 13.91% during this period while international passenger traffic grew at 9.36%.
- Major airports in India like Delhi and Mumbai saw significant growth in passenger traffic between FY16-FY18. Freight traffic in India also increased at a CAGR of 7.56% between FY06-FY18 to reach 3.36 million metric tonnes.
-
This document provides an overview of the automobiles industry in India. It discusses key trends such as growing production and demand across segments like passenger vehicles, commercial vehicles, three-wheelers, and two-wheelers. Production of automobiles has increased at a CAGR of 9.4% between FY06-16, with passenger vehicles growing the fastest at a CAGR of 10.09%. Domestic sales are also expected to increase significantly across segments by 2026. The industry has witnessed strong growth in revenues and exports in recent years.
India's aviation industry is growing rapidly. Passenger traffic in India grew at a CAGR of 12.72% from FY06-FY18 to reach 308.75 million passengers in FY18. Domestic passenger traffic grew at a CAGR of 13.91% over the same period. By 2020, passenger traffic is expected to reach 421 million. India is set to become the third largest aviation market globally by 2024 in terms of passengers. Factors such as rising incomes, expanding middle class and low cost carriers are driving growth in the Indian aviation sector.
Ports in India handle around 95% of the country's international trade volume. Cargo traffic at major ports has increased at a CAGR of 2.73% between FY08-18, reaching 679.36 million tonnes in FY18. Capacity at major ports has also increased over the years, growing to 1,451 million tonnes in FY18 from 505 million tonnes in FY07. Non-major ports are also gaining importance, with their share of total cargo traffic rising to 42% in FY18. Various initiatives such as Sagarmala and developing new mega ports aim to further boost port infrastructure and capacity in India.
The document discusses trends in India's travel and tourism industry from 2012-2023. Some key points:
- The travel & tourism industry is forecast to grow from $119 billion in 2012 to $270.5 billion by 2023. Business travel is estimated to increase from $25.9 billion to $58.6 billion over this period, while leisure travel is projected to rise from $67.5 billion to $152 billion.
- Passenger traffic at Indian airports is expected to increase from 160 million currently to 450 million by 2020, making India the third largest aviation market. Freight traffic is also projected to rise significantly.
- India's middle class population is projected to grow from 160 million
The document provides an overview of the automotive industry in India. Some key points:
- Automobile production in India is expected to significantly increase between 2017-2020, with passenger vehicle production projected to nearly triple and two-wheeler production to rise from 19.9 million to 34 million.
- Domestic sales of various automotive segments are also projected see strong growth rates between 2017-2026, with passenger vehicles expected to grow at a CAGR of 13.36% and two-wheelers at 8.9%.
- India has grown to become a major global automotive producer, becoming the world's 6th largest manufacturer and Asia's 2nd largest two-wheeler manufacturer.
Soaring opportunities in aviation sector 14-07-2017 - Arvind Singh
The document discusses opportunities in Gujarat's aviation sector. It summarizes the strong growth of India's aviation industry over the past decade and notes that Gujarat's aviation sector has grown faster than the national average. Several memorandums of understanding have been signed to develop regional air connectivity, aviation training, seaplane and helicopter operations in Gujarat, with expected investments totaling over Rs. 1,340 crore and creating over 2,050 jobs. The document outlines sector-specific opportunities in Gujarat such as airport development, aviation parks, and maintenance, repair and overhaul facilities.
Aviation as an industry is structurally extremely unattractive. It is very difficult to make profit in this industry. The industry is, weighed down by regulations, and influenced by several uncontrollable factors. The combined effect of these factors is historically the industry has never earned a rate of return above its investors’ capital; in fact, it has destroyed more money than it has created. The main objective of the paper is to highlight the major characteristics of the industry. Factors such as cost of oil or security have direct impact on operational effectiveness and risk management of an airline company. Factors such as natural disasters or health emergencies and socio-political culture of a country too affect the financial health of the industry. The paper deals with the Indian Civil Aviation Industry. This paper is a theoretical review. by providing some suggestions.
Ports in India handle around 95% of the country's international trade volume. Cargo traffic at major ports has increased at a CAGR of 2.73% between FY08-18, reaching 679.36 million tonnes in FY18. Non-major ports are also growing rapidly and now account for 42% of total port traffic. The government has launched various initiatives such as the Sagarmala project to develop port infrastructure and increase capacity to 3,130 MT by 2020. Major commodities handled by ports include coal, iron ore, fertilizers and containers.
The document provides an overview of ports in India. It notes that ports in India handle around 95% of the country's international trade volume. Major developments in the ports sector include increasing private participation, the development of port-based special economic zones near major ports, and a focus on increasing draft depths and developing specialist terminals. The government is also targeting to power all major ports with renewable energy by 2019. Traffic at major ports has been growing at a CAGR of 2.73% over FY08-18 and capacity has increased significantly over the years.
The document discusses the emerging roles of sports coaches based on a study conducted in the Philippines. It identifies four key roles that coaches play: (1) Motivator - to encourage and inspire athletes, (2) Instructor - to teach skills and techniques, (3) Supervisor - to manage training and provide direction, and (4) Assessor - to evaluate performance and provide feedback. These four roles - Motivator, Instructor, Supervisor, Assessor - form a new model called MISA that captures the essential functions of coaches in developing competent athletes. The study concludes that coach education should emphasize preparing coaches to fulfill these critical roles.
The student learned several new skills while progressing from the preliminary task to the final product of creating a blog. They became more proficient with software like Photoshop, InDesign, and Prezi. Having a more detailed plan led to better results. The student also feels they developed a deeper understanding of how media institutions work through this process.
The document provides an overview of the aviation industry in India. Some key points:
- India is set to become the 3rd largest aviation market in the world by 2020 and passenger traffic at Indian airports is expected to increase to 421 million by 2020 from 264.99 million in 2016-17.
- The travel and tourism industry in India is forecast to grow at a CAGR of 6.66% to $423.7 billion by 2026 from $100 billion in 2017. Spending on business and leisure travel is also expected to see significant increases.
- Factors like rising incomes, a growing middle class, government initiatives to increase the number of airports, and growth in international trade are driving
- India's aviation market is growing rapidly and is projected to become the third largest in the world by 2024. Air passenger traffic in India grew at a CAGR of 12.72% between FY06-18 to reach 308.75 million.
- Freight traffic also increased over the same period, with domestic freight growing at a CAGR of 7.96% and international freight at 7.30%. Total freight traffic reached 3.36 million tonnes in FY18.
- Contribution of travel and tourism to India's GDP is expected to increase from US$234 billion in 2017 to US$492 billion by 2028, driven by growth in both business and leisure travel.
The document provides an overview of the aviation industry in India. Some key points:
- India is set to become the 3rd largest aviation market in the world by 2020 and passenger traffic at Indian airports is expected to increase to 421 million by 2020 from 264.99 million in 2016-17.
- Total freight traffic grew at a CAGR of 7.08% between FY06-17, with domestic freight increasing at 7.95% and international freight at 6.58%.
- Major airlines operating in the country are IndiGo, Jet Airways, Air India, SpiceJet, GoAir and Jetlite, which account for over 80% of the passenger market.
The document provides an overview of the aviation industry in India. Some key points:
- India is set to become the 3rd largest aviation market by 2020 and passenger traffic at Indian airports is expected to increase to 421 million by 2020 from 264.99 million in 2016-17.
- The travel and tourism industry is forecast to grow at a CAGR of 6.66% to $423.7 billion by 2026 from $100 billion in 2017. Spending on business and leisure travel is also expected to see strong growth.
- Major players in the aviation industry include Indigo, Jet Airways, Air India, SpiceJet and GoAir, which together account for over 80% of the domestic
The document provides an overview of the aviation industry in India. Some key points:
- India is set to become the 3rd largest aviation market in the world by 2020 and passenger traffic at Indian airports is expected to increase to 421 million by 2020 from 264.99 million in 2016-17.
- The travel and tourism industry in India is forecast to grow at a CAGR of 6.66% to $423.7 billion by 2026 from $100 billion in 2017. Spending on business and leisure travel is also expected to see strong growth.
- Factors like rising incomes, a growing middle class, government initiatives to increase the number of airports, and an increase in trade and freight
- India's aviation market is set to become the 3rd largest in the world by 2020 and is expected to be the largest by 2030.
- Passenger traffic at Indian airports is expected to increase to 421 million by 2020 from 264.99 million in 2016-17.
- Freight traffic is also expected to grow as trade with the rest of the world increases. Total freight traffic is projected to reach 4.14 million tonnes by 2023.
The document provides an overview of the aviation industry in India. Some key points:
- India is set to become the 3rd largest aviation market in the world by 2020 and passenger traffic at Indian airports is expected to increase to 421 million by 2020 from 264.99 million in 2016-17.
- The travel and tourism industry is forecast to grow at a CAGR of 6.66% to $423.7 billion by 2026 from $100 billion in 2017. Business and leisure travel are expected to drive this growth.
- Freight traffic is also expected to increase as India's trade with other countries grows. Total freight traffic is projected to reach 4.14 million tonnes by 2023, growing
- India's aviation market is set to become the 3rd largest by 2020 and is expected to be the largest by 2030. Passenger traffic at Indian airports is expected to increase to 421 million by 2020 from 264.99 million in 2016-17.
- Travel and tourism industry is forecast to grow at a CAGR of 6.66% to $423.7 billion by 2026 from $100 billion in 2017. Business and leisure travel are expected to drive growth.
- Freight traffic in India grew at a CAGR of 6.8% during 2006-2016 and is poised for further growth. Total freight traffic is expected to touch 4.14 million tonnes by 2023 exhibiting a C
The document provides an overview of the aviation industry in India. Some key points:
- India's aviation market is growing rapidly and is projected to become the third largest by 2024, surpassing the UK.
- Passenger traffic at Indian airports is expected to increase to 421 million by 2020 from 308.75 million in 2017-18. During April 2018-February 2019, air passenger traffic stood at 316.51 million.
- Travel and tourism is contributing increasingly to India's GDP, rising to US$ 247.30 billion in 2018 from US$ 234.03 billion in 2017, and is forecasted to reach US$ 492.21 billion by 2028. Business and leisure travel are major
- India's aviation market is growing rapidly and is expected to become the third largest in the world by 2024. Passenger traffic in India grew at a CAGR of 12.72% between FY06-FY18 to reach 308.75 million passengers in FY18. Domestic passenger traffic grew at a CAGR of 13.91% during this period while international passenger traffic grew at 9.36%.
- Major airports in India like Delhi and Mumbai saw significant growth in passenger traffic between FY16-FY18. Freight traffic in India also increased at a CAGR of 7.56% between FY06-FY18 to reach 3.36 million metric tonnes.
-
This document provides an overview of the automobiles industry in India. It discusses key trends such as growing production and demand across segments like passenger vehicles, commercial vehicles, three-wheelers, and two-wheelers. Production of automobiles has increased at a CAGR of 9.4% between FY06-16, with passenger vehicles growing the fastest at a CAGR of 10.09%. Domestic sales are also expected to increase significantly across segments by 2026. The industry has witnessed strong growth in revenues and exports in recent years.
India's aviation industry is growing rapidly. Passenger traffic in India grew at a CAGR of 12.72% from FY06-FY18 to reach 308.75 million passengers in FY18. Domestic passenger traffic grew at a CAGR of 13.91% over the same period. By 2020, passenger traffic is expected to reach 421 million. India is set to become the third largest aviation market globally by 2024 in terms of passengers. Factors such as rising incomes, expanding middle class and low cost carriers are driving growth in the Indian aviation sector.
Ports in India handle around 95% of the country's international trade volume. Cargo traffic at major ports has increased at a CAGR of 2.73% between FY08-18, reaching 679.36 million tonnes in FY18. Capacity at major ports has also increased over the years, growing to 1,451 million tonnes in FY18 from 505 million tonnes in FY07. Non-major ports are also gaining importance, with their share of total cargo traffic rising to 42% in FY18. Various initiatives such as Sagarmala and developing new mega ports aim to further boost port infrastructure and capacity in India.
The document discusses trends in India's travel and tourism industry from 2012-2023. Some key points:
- The travel & tourism industry is forecast to grow from $119 billion in 2012 to $270.5 billion by 2023. Business travel is estimated to increase from $25.9 billion to $58.6 billion over this period, while leisure travel is projected to rise from $67.5 billion to $152 billion.
- Passenger traffic at Indian airports is expected to increase from 160 million currently to 450 million by 2020, making India the third largest aviation market. Freight traffic is also projected to rise significantly.
- India's middle class population is projected to grow from 160 million
The document provides an overview of the automotive industry in India. Some key points:
- Automobile production in India is expected to significantly increase between 2017-2020, with passenger vehicle production projected to nearly triple and two-wheeler production to rise from 19.9 million to 34 million.
- Domestic sales of various automotive segments are also projected see strong growth rates between 2017-2026, with passenger vehicles expected to grow at a CAGR of 13.36% and two-wheelers at 8.9%.
- India has grown to become a major global automotive producer, becoming the world's 6th largest manufacturer and Asia's 2nd largest two-wheeler manufacturer.
Soaring opportunities in aviation sector 14-07-2017 - Arvind Singh
The document discusses opportunities in Gujarat's aviation sector. It summarizes the strong growth of India's aviation industry over the past decade and notes that Gujarat's aviation sector has grown faster than the national average. Several memorandums of understanding have been signed to develop regional air connectivity, aviation training, seaplane and helicopter operations in Gujarat, with expected investments totaling over Rs. 1,340 crore and creating over 2,050 jobs. The document outlines sector-specific opportunities in Gujarat such as airport development, aviation parks, and maintenance, repair and overhaul facilities.
Aviation as an industry is structurally extremely unattractive. It is very difficult to make profit in this industry. The industry is, weighed down by regulations, and influenced by several uncontrollable factors. The combined effect of these factors is historically the industry has never earned a rate of return above its investors’ capital; in fact, it has destroyed more money than it has created. The main objective of the paper is to highlight the major characteristics of the industry. Factors such as cost of oil or security have direct impact on operational effectiveness and risk management of an airline company. Factors such as natural disasters or health emergencies and socio-political culture of a country too affect the financial health of the industry. The paper deals with the Indian Civil Aviation Industry. This paper is a theoretical review. by providing some suggestions.
Ports in India handle around 95% of the country's international trade volume. Cargo traffic at major ports has increased at a CAGR of 2.73% between FY08-18, reaching 679.36 million tonnes in FY18. Non-major ports are also growing rapidly and now account for 42% of total port traffic. The government has launched various initiatives such as the Sagarmala project to develop port infrastructure and increase capacity to 3,130 MT by 2020. Major commodities handled by ports include coal, iron ore, fertilizers and containers.
The document provides an overview of ports in India. It notes that ports in India handle around 95% of the country's international trade volume. Major developments in the ports sector include increasing private participation, the development of port-based special economic zones near major ports, and a focus on increasing draft depths and developing specialist terminals. The government is also targeting to power all major ports with renewable energy by 2019. Traffic at major ports has been growing at a CAGR of 2.73% over FY08-18 and capacity has increased significantly over the years.
The document discusses the emerging roles of sports coaches based on a study conducted in the Philippines. It identifies four key roles that coaches play: (1) Motivator - to encourage and inspire athletes, (2) Instructor - to teach skills and techniques, (3) Supervisor - to manage training and provide direction, and (4) Assessor - to evaluate performance and provide feedback. These four roles - Motivator, Instructor, Supervisor, Assessor - form a new model called MISA that captures the essential functions of coaches in developing competent athletes. The study concludes that coach education should emphasize preparing coaches to fulfill these critical roles.
The student learned several new skills while progressing from the preliminary task to the final product of creating a blog. They became more proficient with software like Photoshop, InDesign, and Prezi. Having a more detailed plan led to better results. The student also feels they developed a deeper understanding of how media institutions work through this process.
Steven Todd of Dalkeith, Scotland holds an active Microsoft Certified Desktop Support Technician certification for Windows XP from 2009 as well as a legacy Microsoft Certified Professional certification from 2008. He has successfully completed exams in network solutions for small businesses, supporting Windows XP desktop applications, and supporting the Windows XP operating system.
This document provides guidance on answering common interview questions. It begins with general tips, such as being upbeat, rehearsing answers, and tailoring responses to the needs of the employer. It then addresses 64 specific tough interview questions, providing sample answers and strategies. For the first question "Tell me about yourself", it advises determining the employer's needs before speaking and highlighting relevant qualifications and achievements. The document stresses matching one's abilities to the employer's requirements throughout the interview.
VR First is an initiative designed to provide state-of-the-art facilities to anyone interested in exploring the power and potential of virtual reality development. The program encourages educational institutions around the world to establish dedicated VR labs on their campuses by partnering with leading VR industry stakeholders. The overarching goal of VR First is to nurture new talent in grass-roots VR development and create a global community equipped to embrace this exciting field of technology. Launched in January 2016, VR First has achieved significant outreach in the industry. 509 universities worldwide have applied to join the program, showing the great need of academic institutions for expertise, hardware and software to prepare developers for the VR industry and empower them to realize their own projects.
The document discusses the three parts of an essay: the introduction, body, and conclusion. It states that the introduction should address the topic and present three examples or ideas to support the opinion. The body consists of three paragraphs that each detail one of the three examples, and should be three to five sentences each and use transitional words. The conclusion restates the introduction. An outline is recommended to help organize the essay and keep the body paragraphs focused on the thesis. The outline will also save time by allowing quicker writing of the rough draft.
Service Bot is a submission for Mahesh Beri in September 2016 that addresses ACME Inc.'s challenge of coordinating replacement parts for heavy machinery to prevent downtime. It uses a Slack bot that integrates with AWS services like Lambda, API Gateway, and DynamoDB to allow site engineers, buyers, and operations managers to order parts through an interactive message interface, streamlining the weeks-long coordination process. The bot demonstrates its technology and building blocks using Slack and AWS services.
El documento describe las formas de mediación en un aula virtual, incluyendo el procesamiento pedagógico de contenidos por el tutor, las interacciones entre estudiantes y entre estudiantes y tutor, y el uso de tecnologías como foros y correo electrónico. También cubre roles del profesorado, estrategias de tutoría virtual, y aspectos del diseño de cursos virtuales como estructura, comunicación, evaluación, recursos, diseño web, y evaluación del curso.
This document provides details about the construction of a new office headquarters building for the Bihar State Pollution Control Board in Patliputra, Patna, Bihar, India. A group of 5 students are undertaking the project under the guidance of their professors. The 6-story building will be constructed using green building practices and will have a total built-up area of approximately 37,000 square meters. Construction activities will include site preparation, foundation work using raft foundations, formwork, slab casting, and installation of reinforcement in the slabs and beams.
El documento presenta una unidad didáctica para el primer grado de primaria sobre animales. La unidad tiene como objetivos que los estudiantes conozcan diferentes animales, cómo se alimentan, cuiden de los animales, identifiquen sonidos y características de animales domésticos y salvajes. Los contenidos incluyen conceptos sobre animales ovíparos y vivíparos, sus características, hábitats y partes del cuerpo, así como desarrollar habilidades, actitudes de respeto y curiosidad por los animales.
Slide 11 - A comunicação dos resultados da avaliação escolar.rafaelly04
O documento discute a comunicação dos resultados da avaliação escolar. Ele aborda como os resultados podem ser expressos através de notas, conceitos ou pareceres descritivos. O parecer descritivo é apontado como a forma mais efetiva para comunicar os resultados, já que fornece detalhes sobre o desempenho do aluno e pode servir como instrumento para melhorar a aprendizagem.
Jump start to OOP, OOAD, and Design PatternNishith Shukla
The document discusses object-oriented programming (OOP) and design patterns. It explains why software development benefits from modeling objects after real-world objects. Some key principles of OOP include encapsulation, inheritance, abstraction, and polymorphism. Common design patterns are also outlined, such as creational patterns like factory and prototype patterns, and structural patterns like adapter and bridge patterns.
The document provides an overview of the airport sector in India. Some key points:
- Passenger traffic at Indian airports is expected to increase from 223.61 million in 2016 to 421 million by 2020, making India the third largest aviation market.
- The travel and tourism industry is forecast to grow at a CAGR of 6.75% from 2016-2026, contributing USD280.51 billion to GDP.
- Six major airlines operate in India, with Indigo having the largest market share of 38.6%. The six biggest airports by passenger traffic are Bengaluru, Mumbai, Chennai, Delhi, Kolkata, and Hyderabad.
- Freight traffic grew at a
- India's aviation market is set to become the 3rd largest by 2020 with passenger traffic expected to increase to 421 million by 2020 from 264.99 million in 2016-17.
- Travel and tourism is forecast to contribute $423.7 billion to GDP by 2026, growing at a CAGR of 6.66% from $100 billion in 2017.
- Business and leisure travel are expected to drive growth, with spending on business travel projected to rise to $39.88 billion in 2026 from $10.26 billion in 2017.
- India's aviation market is growing rapidly and is expected to become the third largest by 2020 and largest by 2030.
- Air passenger traffic in India grew at a CAGR of 12.72% from 2006-2018 reaching 308.75 million passengers in 2018.
- Major growth drivers include rising incomes, expansion of airports and airlines, and low cost carriers capturing more market share.
- The government has implemented policies to encourage private sector participation and investment in the aviation industry.
- India's aviation market is growing rapidly and is projected to become the third largest globally by 2024.
- Air passenger traffic in India reached 308.75 million in FY18 and stood at 316.51 million during April 2018-February 2019. It is projected to reach 421 million by 2020.
- The contribution of travel and tourism to India's GDP increased from $234.03 billion in 2017 to $247.30 billion in 2018 and is forecasted to reach $492.21 billion by 2028, boosted by growth in business and leisure travel.
India is poised to become one of the largest aviation markets in the world by 2030. Passenger traffic in India is expected to grow significantly by 2020, with demand for over 1,600 new aircraft. Factors such as low-cost carriers, investments in airports and regional connectivity are driving growth in the aviation industry. However, the government will need to implement efficient policies to develop the aviation sector and make India a global aviation hub.
India's aviation industry is growing rapidly. Air passenger traffic in India reached 308.75 million in FY18 and is projected to reach 421 million by 2020. The contribution of travel and tourism to India's GDP is expected to increase from $234 billion in 2017 to $251.64 billion in 2018 and $492.21 billion by 2028, driven by growth in business and leisure travel. Investments of $5.99-6.41 billion are planned for airport infrastructure from FY18-FY23. India is on track to become the third largest aviation market globally by 2024.
The document provides an overview of the automotive industry in India. Some key points:
- India's automotive market is expected to nearly triple in size by 2020 to 10 million passenger vehicles per year from 3.4 million currently.
- Domestic automotive sales are forecasted to grow significantly across all segments through 2026, with two-wheeler sales projected to increase the most.
- Exports of automobiles from India have increased at a compound annual growth rate of 16.23% between 2006-2016, led by strong growth in two-wheeler exports.
- The automotive industry in India is dominated by two-wheelers which accounted for 78.6% of total production in 2016.
The document provides an executive summary and overview of the automobiles sector in India. Some key points:
- India's automobile market is expected to nearly triple in size by 2020, growing from 3.4 million passenger vehicles produced annually in 2016 to 10 million by 2020.
- Domestic sales of passenger vehicles, commercial vehicles, three-wheelers and two-wheelers are all projected to have strong growth through 2026, with two-wheeler sales expected to increase from 16.46 million in 2016 to over 50 million by 2026.
- Total automobile production in India has increased at a 9.4% CAGR from 2006 to 2016, with passenger vehicles growing the fastest at a 10.09%
The document provides an overview of the automobiles sector in India. Some key points:
- India's automobile production is expected to nearly triple from 3.4 million units in FY16 to 10 million units by FY20, driven by strong growth in the passenger vehicle segment.
- Domestic automobile sales are forecast to increase at a CAGR of 12.87% for passenger vehicles and 11.07% for commercial vehicles from 2016-2026.
- Two-wheeler production is projected to rise from 18.8 million units in FY16 to 34 million units by FY20, with domestic two-wheeler sales growing at a CAGR of 11.9% between 2016-
The document provides an overview of the automobiles sector in India. Some key points:
- India's automobile industry is one of the largest in the world and is expected to become the third largest by 2020. Production of passenger vehicles and two-wheelers is projected to nearly triple and double respectively by 2020.
- Two-wheelers dominate production volumes, accounting for over 78% of total automotive production in FY16. The sector has grown at a CAGR of 9.4% between FY06-16.
- Exports of automobiles have increased at a CAGR of 16.23% between FY06-16, with two-wheelers experiencing the fastest growth. India
The document provides an overview of the automobiles industry in India. Some key points:
- India's automobile market is expected to nearly triple in size from 3.4 million passenger vehicles produced in FY2016 to 10 million by FY2020.
- Domestic sales of passenger vehicles, commercial vehicles, and two-wheelers are projected to grow at a CAGR of 12.87%, 11.07%, and 11.9% respectively from 2016-2026.
- Two-wheelers dominate production volumes with a 78.59% market share in FY2016; passenger vehicles are the fastest growing segment.
The travel and tourism industry in India is forecast to grow significantly by 2023, reaching USD270.5 billion from USD119.4 billion in 2012. Passenger traffic at Indian airports is expected to increase to 450 million by 2020 from 160 million currently. Business and leisure travel are expected to boost industry growth considerably. Factors such as a growing middle class, rising incomes, and increased liberalization of the aviation sector will support strong growth in the travel and tourism industry in India.
The document provides an overview of the automobiles industry in India. Some key points:
- India's automobile production is expected to nearly triple from 3.4 million vehicles in FY2016 to 10 million by FY2020. Two-wheeler production is projected to increase from 18.8 million to 34 million during the same period.
- Domestic sales of passenger vehicles, commercial vehicles, and two-wheelers are all expected to experience strong growth between 2016-2026, with CAGRs ranging from 11-13%.
- The automotive industry in India has grown significantly over the past decade and is now the fourth largest automotive market in the world.
The document provides an overview of the automobile industry in India. Some key points:
- The automobile industry in India has grown significantly over the past decade and is expected to continue growing rapidly, nearly tripling passenger vehicle production by 2020.
- Two-wheelers dominate production volumes in India, accounting for over 78% of total production in FY2016. Passenger vehicles and commercial vehicles also have sizable shares.
- Both production and exports of automobiles from India have increased substantially in recent years across all major segments. The two-wheeler segment in particular has seen strong export growth.
- Domestic automobile sales also recovered in FY2016 after declining in FY2014, with passenger vehicles, commercial vehicles,
The document provides an overview of the Indian railways sector including:
- Indian Railways is the world's third largest rail network under single management with over 66,000 km of track and over 8,500 stations.
- Freight remains the major revenue generator, accounting for over 67% of total revenues in FY16, followed by the passenger segment.
- Passenger and freight traffic have grown steadily in recent years and are expected to continue growing strongly to meet targets under Vision 2020.
Similar to Airports Sectore Report - December 2016 (15)
Tamil Nadu has a strong and growing economy, as evidenced by its GSDP which grew at a CAGR of 11.46% between 2011-12 and 2018-19, reaching Rs. 16.06 trillion (US$ 222.58 billion) in 2018-19. The state has a diversified industrial base and thriving services sector, especially in IT/ITeS. It also has robust infrastructure including roads, ports, airports, and an emphasis on further infrastructure development. With various initiatives like Vision 2023, Tamil Nadu aims to boost its economy and attract significant domestic and foreign investments over the coming years.
India has become the second largest steel producer in the world in 2018. Steel production and capacity in India have grown rapidly over the past decade, with capacity reaching 137.98 million tonnes in 2017-18. Consumption has also increased steadily, driven by growth in infrastructure, automotive, and other sectors. The government has implemented policies like the National Steel Policy to encourage further capacity growth to 300 million tonnes by 2030-31. Low per capita consumption compared to other countries also provides significant potential for further demand growth.
The document provides an overview of India's services sector, including:
1) The services sector contributes over 50% of India's GDP and grew at 12.75% in 2018-19, demonstrating its importance as the key driver of India's economic growth.
2) India has a large skilled workforce and is a global outsourcing hub, commanding a 55% share of the global sourcing market, which has helped establish the country as a leading provider of technology and digital services.
3) The government is working to further develop the services sector through initiatives like 'Startup India' and reforms that make India an attractive investment destination for both domestic and foreign investors.
The document provides an overview of the real estate sector in India. It discusses that the real estate sector is expected to reach $1 trillion by 2030 and contribute 13% of India's GDP by 2025. Rapid urbanization is driving demand for residential and commercial real estate space. The residential segment contributes around 80% of the sector currently. Government policies like Housing for All and Smart Cities are further boosting growth.
Rajasthan has experienced strong economic growth in recent years. Between 2011-12 and 2018-19, the state's Gross State Domestic Product grew at a compound annual growth rate of 11.37% to reach $128.1 billion. The tourism industry in Rajasthan is thriving, with over 47.5 million tourist arrivals in 2017, and the state is a leading producer of agro-based products. Rajasthan also has immense potential for renewable energy generation from solar and wind sources.
Indian Railways is the third largest rail network in the world by size. It saw strong revenue growth over the past decade, with freight accounting for over 65% of revenues in FY19. Freight and passenger traffic have both increased steadily in recent years. Various modernization initiatives are underway to upgrade infrastructure and technology. Private sector participation is being encouraged to augment rail connectivity and capacity.
India has the third largest installed power capacity in the world at 356.10 GW as of March 2019. It is the third largest producer and consumer of electricity globally. India has achieved 100% household electrification and aims to increase renewable energy capacity to 175 GW by 2022. Thermal energy accounts for over 63% of total installed capacity, while renewable sources account for 21.8%. The power sector in India is growing rapidly and offers many opportunities for investment and development.
Nagaland has a Gross State Domestic Product (GSDP) of around 0.24 trillion Indian rupees in 2017-18, growing at a CAGR of 11.83% between 2011-12 and 2017-19. The per capita GSDP in 2017-18 was 113,549 rupees, growing at a CAGR of 10.66% in the same period. Nagaland's Net State Domestic Product (NSDP) in 2016-17 was 0.19 trillion rupees, growing at 15.72% between 2011-12 and 2016-17. The per capita NSDP in 2016-17 was 90,168 rupees, growing at 12.
Meghalaya has the highest rainfall in India and diverse soil types that support agriculture. The state has strong potential in floriculture, bamboo processing, and medicinal plants due to its biodiversity. Meghalaya also has large hydroelectric power potential and abundant mineral resources. The state aims to promote industries like agro-processing, horticulture, minerals and tourism to create opportunities for its population.
- The Indian infrastructure sector is experiencing significant growth due to rising government investments and initiatives such as allocating Rs 4.56 lakh crore for infrastructure in the FY 2019-20 budget.
- Private sector participation is increasing across segments like roads, power and airports. Infrastructure sectors like power transmission and renewable energy will drive future investments.
- Improving connectivity through initiatives like Bharatmala Pariyojana and Sagarmala will boost infrastructure growth. 100% villages connectivity through roads is expected by 2019 under PMGSY.
The document provides an overview of the media and entertainment industry in India. Some of the key points from the document are:
- The Indian media and entertainment industry is growing rapidly at a CAGR of 12-13% and is expected to reach Rs. 3.73 lakh crore by 2022.
- Television is the largest segment with a market size of Rs. 740 billion in 2018, expected to reach Rs. 955 billion by 2021. Digital media, animation and VFX, and online gaming are among the fastest growing segments.
- Advantages for the industry in India include rising incomes, evolving lifestyles, a large young population, increasing digitization, and government support through
- The manufacturing sector is a major employer in India and aims to provide 25% of GDP and 100 million new jobs by 2022. It has grown at a CAGR of 4% between FY12-19 and contributes significantly to India's exports.
- The document discusses India's advantage in manufacturing including a large domestic market, favorable demographics, and government initiatives like Make in India. Key sub-sectors, growth drivers and the evolution of the sector are also outlined.
- Recent trends show growth in production, IIP, capacity utilization and exports, indicating the sector is expanding. The government has implemented various policies to develop manufacturing and make India a global hub.
Manipur has a flourishing bamboo processing industry as it is one of India's largest bamboo producing states. It also has a strong handicrafts industry, being home to the highest number of handicraft units and artisans in North East India. Handlooms is the largest cottage industry in Manipur. The state has strong potential for border trade opportunities through Moreh town, which is India's only land route for trade with Myanmar and Southeast Asia. Manipur is also home to the Ema Bazaar, one of India's largest markets run exclusively by women. Due to its natural beauty and biodiversity, Manipur is a popular tourist destination known as the "Switzerland of the East".
The document provides an overview of the economy of Himachal Pradesh, India. Some key points:
- Himachal Pradesh has a strong economic growth rate, with its GSDP reaching Rs. 1.52 trillion (US$21.04 billion) in 2018-19 growing at 11.09% annually.
- The state has a diverse economy with key sectors being tourism, agriculture, and hydroelectric power. Agricultural production and tourism visitor numbers are increasing.
- Himachal Pradesh has a large hydroelectric power potential and is becoming a major hub for hydroelectricity in India, though only around 40% of its potential has been harnessed so far.
Gujarat has experienced high economic growth rates in recent years.
- Gujarat's GSDP grew at a CAGR of 13.55% from 2011-12 to 2016-17, reaching Rs. 11.62 trillion (US$ 173.24 billion) in 2016-17.
- The state's per capita GSDP increased from Rs. 101,075 (US$ 2,108) in 2011-12 to Rs. 178,043 (US$ 2,654) in 2016-17, registering a CAGR of 11.99%.
The document provides an overview of India's gems and jewellery sector. Some key points:
- India is a major player in global gems and jewellery trade, contributing about 7% to India's GDP and employing over 4.6 million people.
- India is the world's largest cut and polished diamond exporter, exporting over 75% of global polished diamonds. It also processes over $23 billion worth of diamonds annually.
- Exports of cut and polished diamonds and gold jewellery have registered steady growth in recent years. Imports have also increased at a CAGR of nearly 8% between 2004-2018.
- The sector is adopting strategies like expanding retail networks, providing financing options
The engineering and capital goods industry in India is growing rapidly. The turnover of the capital goods industry reached $70 billion in 2017 and is forecasted to reach $115.17 billion by 2025. Electrical equipment production is also growing and is expected to reach $100 billion by 2022, up from $27.3 billion in 2017-18. The engineering research and design segment is also expanding, with revenues projected to increase from $28 billion in FY18 to $42 billion in FY22. Growth is being driven by increasing industrialization, infrastructure development, and capacity expansion across various core sectors in India.
Major e-commerce players in India have adopted strategies like expanding into new categories like groceries and used goods, acquiring analytics startups to improve pricing and positioning, and launching ancillary services like payments, logistics and video streaming. They have also introduced subscription models and personalized experiences to provide extra benefits and tailor their offerings to individual customer needs and interests.
Delhi has experienced strong economic growth, with its gross state domestic product increasing at a compound annual growth rate of 12.41% between 2011-12 and 2018-19. The real estate sector has been an important contributor to the state's economy. Delhi also has a growing tourism industry, owing to its historical and cultural attractions. The state government is working to improve infrastructure and implement policies to facilitate industrial development and attract investment across various sectors.
Chhattisgarh has a strong mineral production base and is a leading producer of coal and iron ore in India. It is the only state that produces tin concentrates. The state has emerged as a preferred investment destination and has witnessed strong growth in the agriculture sector. Key sectors driving growth include minerals, power, agriculture and tourism. Chhattisgarh aims to further develop its infrastructure, promote industries and boost skill development to achieve its vision of becoming an industrialized state.
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
Vicinity Jobs’ data includes more than three million 2023 OJPs and thousands of skills. Most skills appear in less than 0.02% of job postings, so most postings rely on a small subset of commonly used terms, like teamwork.
Laura Adkins-Hackett, Economist, LMIC, and Sukriti Trehan, Data Scientist, LMIC, presented their research exploring trends in the skills listed in OJPs to develop a deeper understanding of in-demand skills. This research project uses pointwise mutual information and other methods to extract more information about common skills from the relationships between skills, occupations and regions.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
3. 33DECEMBER 2016
For updated information, please visit www.ibef.org
EXECUTIVE SUMMARY … (1/2)
Source: World Travel and Tourism Council, Airport Authority of India, TechSci Research
AIRPORTS
By 2020, passenger traffic at
Indian airports is expected to
increase to 421 million from
223.61 million in 2016
Third largest aviation market by
2020
The travel & tourism industry is
forecast to grow at a CAGR of
6.75 per cent to USD280.51
billion in 2026 from USD146.02
billion in 2016
Travel & tourism to contribute
USD280.51 billion to GDP by
2026
Spending on business travel is
estimated to increase to
USD39.88 billion in 2026 from
USD19.9 billion in 2016, while
on leisure travel is forecast to
rise to USD203.5 billion in 2026
from USD96.20 billion in 2016
Business & leisure travel to
boost growth
CAGR: 6.75%
96.2
203.5
19.9 39.88
2016E 2026F
Leisure Travel Spending (in USD Billion)
Business Travel Spending (in USD Billion)
223.61
421
2016 2020
146.02
280.51
2016E 2026F
CAGR: 17.14%
4. 44DECEMBER 2016
825.6
900
2015 2030
For updated information, please visit www.ibef.org
EXECUTIVE SUMMARY … (2/2)
Source: World Travel and Tourism Council, Asian Development Bank, TechSci Research
AIRPORTS
Working population (aged
between 15 and 64 years) is
estimated to increase from
825.6 million in 2015 to 900
million by 2030, almost three
times the US population
By 2030, India’s working
population to be thrice the total
population in the US
India’s middle income population
is expected to increase from 160
million (over 50 per cent of the
total population in the US) in
2011 to 267 million by 2016
equivalent to over three-times
Germany’s population
By 2016, India’s middle income
class to be triple the total
population in Germany
CAGR: 10.8%
CAGR: 0.6%
160
267
2011 2016
million
million
6. 66DECEMBER 2016
Growing demand
For updated information, please visit www.ibef.org
ADVANTAGE INDIA
Source: Ministry of Civil Aviation, MRO India, TechSci Research
Notes: FDI – Foreign Direct Investment, MRO – Maintenance, Repair and Overhaul; FY – Indian Financial Year (April – March)
Policy support
• The government has been encouraging
private sector participation
• Foreign investment up to 49 per cent is
allowed under automatic route in
scheduled air transport service, regional
air transport service and domestic
scheduled passenger airline.
FY2000
No of
operational
airports: 50
FY2016
No of
operational
airports: 95
Advantage
India
AIRPORTS
Opportunities in MRO
• Growth in aviation accentuating
demand for MRO facilities
• Expenditure in MRO accounts for 13-
15 per cent of total revenues; it is the
second-highest expense after fuel cost
• By 2020, the MRO industry is likely to
grow over USD1.5 billion from USD0.5
billion currently
Robust demand
• Rising working group and widening middle
class demography is expected to boost
demand
• India plans to increase the number of
airports to 250 by 2030 to cater to growing
leisure and business travel
• Freight traffic also likely to go up as trade
with the rest of the world increases
Increasing investments
• Investments totaling USD12.1 billion in
the airport sector are likely to be made
during the Twelfth Five Year Plan (2012-
17); of these, private investments are
expected to total USD9.3 billion
• Growing private sector participation
through the Public - Private Partnership
(PPP) route
8. 88DECEMBER 2016 For updated information, please visit www.ibef.org
EVOLUTION OF THE INDIAN AVIATION SECTOR
Source: Airports Authority of India, Ministry of Statistics and
Programme Implementation, Ministry of Civil Aviation, TechSci Research
Notes: 1 India ranks after the US and China
FY – Indian Financial Year (April – March), mn km – Million Kilometers
AIRPORTS
India is the ninth largest civil aviation market in the world
As of FY16, airports in India witnessed a domestic passenger traffic of about 168.89 million people.
Investments worth USD 6 billion are expected in the country's airport sector in five years
India’s civil aviation market is set to become the world’s third1 largest by 2020 and expected to be the largest by 2030
Scheduled airlines: distance
flown (mn km)
Non-scheduled airlines in
operation
Number of aircrafts
Passenger handling
capacity at airports
Number of airports 50
66 million
225
39
199
125
270 million
1,657
121
1,071.10
2000
(2016)
(FY16)
(FY16)
(FY16)
(FY14)
9. 99DECEMBER 2016 For updated information, please visit www.ibef.org
INDIA HAS 464 AIRPORTS AND AIRSTRIPS, OF WHICH 125 AIRPORTS ARE OWNED BY AAI
Source: Airports Authority of India, TechSci Research
Notes: AAI – Airports Authority of India, JV – Joint Venture,
FY – Indian Financial Year (April – March)
AIRPORTS
Airports and
airstrips in India
(464)
AAI managed
(125)
Non-AAI airports
and airstrips
(339)
Non-operational
(9)
Operational (90)
International (17)
Customs airports
(7)
Domestic airports
(66)
• Airports Authority of India (AAI) was –
• Established in 1994 under the Airports
Authority Act
• Responsible for developing, financing,
operating, and maintaining all government
airports
• The Aircraft Act (1934) governs remaining
airports
Activity in AAI
airports - shares (%)
– FY16
Basic facts
Civil enclaves
(26)
61.32%
24.47%
20.93%
38.68%
75.53%
79.07%
Freight Traffic
Passenger Traffic
Aircraft Movement
International Domestic
10. 1010DECEMBER 2016 For updated information, please visit www.ibef.org
Note: Market Share as on May’16 and Load Data for the month of May’16
as published by Directorate General of Civil Aviation
SIX MAJOR AIRLINES OPERATE IN THE COUNTRY
AIRPORTS
GoAir
Market share: 8.3%
Passenger load traffic: 88.6%
Jet Airways
Market share: 16%
Passenger load traffic: 82.6%
Indigo
Market share: 38.6%
Passenger load traffic: 87.2%
Air India
Market share: 15.3%
Passenger load traffic: 84.7%
Spicejet
Market share: 12.8%
Passenger load traffic: 93.5%
Jetlite
Market share: 3%
Passenger load traffic: 80.9%
0.8
0.82
0.84
0.86
0.88
0.9
0.92
0.94
0 0.05 0.1 0.15 0.2 0.25 0.3 0.35 0.4
PassengerLoadFactor
Market Share
11. 1111DECEMBER 2016 For updated information, please visit www.ibef.org
THE SIX MAJOR AIRPORTS IN THE COUNTRY
Source: AAI, TechSci Research
Note: FY – Indian Financial Year (April – March)
AIRPORTS
Bengaluru
Passenger traffic handled in
FY15: 15.4 million;
FY16: 19 million
Mumbai
Passenger traffic handled in;
FY15: 36.7 million;
FY16: 41.7 million
Chennai
Passenger traffic handled in
FY15: 14.3 million;
FY16: 15.2 million
Delhi
Passenger traffic handled in
FY15: 41 million;
FY16: 48 million
Kolkata
Passenger traffic handled in
FY15: 10.9 million;
FY16: 12.4 million
Hyderabad
Passenger traffic handled in
FY15: 10.4 million
FY16: 12.4 million
12. 1212DECEMBER 2016 For updated information, please visit www.ibef.org
Passenger traffic in FY16 (million)
Source: Association of Private Airport Operator, Airports Authority of India, TechSci Research,
Notes: CAGR – Compound Annual Growth Rate,
FY – Indian Financial Year (April – March)
Witnessing a growth of 17.62 per cent over the previous
year, total passenger traffic stood at a 223.6 million in FY16,
which was recorded at 190.1 million in FY15 in India.
Growth in passenger traffic has been strong since the new
millennium, especially with rising incomes and low-cost
aviation; during FY06-16, passenger traffic grew at a CAGR
of 11.8 per cent in the country.
PASSENGER TRAFFIC HAS EXPERIENCED HEALTHY GROWTH … (1/2)
AIRPORTS
73.35
96.49
116.87
108.88
123.76
143.43
162.31
159.4
169.03
190.1
223.6
-10.00%
-5.00%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
35.00%
0
50
100
150
200
250
FY06FY07FY08FY09FY10FY11FY12FY13FY14FY15FY16
Passenger Traffic Growth rate
13. 1313DECEMBER 2016 For updated information, please visit www.ibef.org
Source: Airports Authority of India, Ministry of Civil Aviation, TechSci Research
Notes: YoY – Year on Year, FY – Indian Financial Year (April – March)
Domestic passenger traffic expanded at a CAGR of 12.73
per cent over FY06–16; and is expected to reach 209
million by FY17.
International passenger traffic registered growth at a CAGR
of 9.36 per cent over FY06-16 and is set to touch 60 million
by FY17.
During September 2016, domestic airlines carried over 8.23
million passengers, showing a growth of more than 23 per
cent compared to the same period last year.
AIRPORTS
Growth in passenger traffic set to remain strong in future
26
71
122
209
14
26
41
60
FY02 FY07 FY12 FY17E
International Passenger Throughput International (million)
Domestic Passenger Throughput Domestic (million)
11th Plan Period
12th Plan Period
10th Plan Period
During FY16, domestic passenger traffic increased by
21.24 per cent in comparison with growth rate of 13.80
per cent in FY15.
During FY16, international passenger traffic increased
by 7.72 per cent
PASSENGER TRAFFIC HAS EXPERIENCED HEALTHY GROWTH … (2/2)
Growth in domestic passenger traffic has been robust
22.37
25.87
29.81
31.58
34.37
37.91
40.8
43.03
46.62
50.8
54.72
50.98
70.62
87.06
77.3
89.39
105.52
121.51
116.37
122.41
139.3
168.89
-20.00%
-10.00%
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
0
20
40
60
80
100
120
140
160
180
200
FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16
International Domestic
Growth-International(%) Growth-Domestic(%)
14. 1414DECEMBER 2016 For updated information, please visit www.ibef.org
International freight traffic was 61.3% of the total
in FY16
Source: Airports Authority of India, TechSci Research
Total freight traffic registered a CAGR of 6.8 per cent over
FY06-16
During FY06-16, domestic freight traffic increased at a
CAGR of 8 per cent, while international freight traffic grew at
a CAGR of 6.1 per cent during the same period.
In FY16, domestic freight traffic stood at 1045.92 million
tonnes, while international freight traffic was at 1658.35
million tonnes.
During FY16, domestic freight traffic increased at 6.08 per
cent while international freight traffic increased at 7.55 per
cent in comparison with FY15.
By 2023, total freight traffic is expected to touch 4.14 million
tonnes exhibiting growth at a CAGR of 7.27 per cent
between FY2016 and FY23. In addition, international freight
traffic is expected to grow at a CAGR of 7.13 per cent while
domestic freight traffic is expected to grow at a CAGR 7.50
per cent between FY2016 and FY23.
FREIGHT TRAFFIC GREW AT A CAGR OF 6.8 PER CENT DURING FY06 TO FY16 … (1/2)
AIRPORTS
920
1023
1147
1149
1271
1496
1468
1407
1440
1542
1658.35
484
530
568
552
689
852
812
784
840
986
1045.92
-10.00%
-5.00%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
0
500
1000
1500
2000
2500
3000
International('000 Tonnes) Domestic ('000 Tonnes)
Growth-International(%) Growth-Domestic(%)
15. 1515DECEMBER 2016 For updated information, please visit www.ibef.org
Freight traffic (million tonnes)
Source: Airports Authority of India, TechSci Research
Note: FY – Indian Financial Year (April – March)
Freight traffic on airports in India is expected to cross 11.4
million tonnes by 2032.
Growth in import and export in India will be the key driver for
growth in freight traffic as 30 per cent of total trade is
undertaken via airways
Airports across the globe are planning on increasing their
spending on new technology to keep up with surging
passenger traffic, which is expected to double to 370
million by 2020. This is anticipated to position India as the
world’s third largest aviation market.
Fliers would soon be able to use biometric details for
security checks at airports after good feedback from a pilot
project.
AIRPORTS
AND IS POISED TO GROW FURTHER … (2/2)
1.4
1.55
1.72
1.7
1.96
2.35
2.28
2.19
2.28
2.53
2.7
FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16
16. 1616DECEMBER 2016 For updated information, please visit www.ibef.org
Total aircraft movement (million)
Source: Association of Private Airport Operators,
Airports Authority of India, TechSci Research
Notes: CAGR – Compound Annual Growth Rate
FY – Indian Financial Year (April – March)
YoY – Year on Year
During FY07-16, growth in aircraft movement was recorded
at a CAGR of 5.8 per cent.
In FY16, total aircraft movement increased at a YoY of 11.9
per cent, as compared to FY15.
In FY16, total aircraft movement stood at 1.79 million
AIRPORTS
GROWTH IN AVIATION HAS ALSO LED TO HIGHER AIRCRAFT MOVEMENT … (1/2)
1.08
1.31
1.31
1.33
1.39
1.54
1.48
1.54
1.60
1.79
-10.00%
-5.00%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
0.00
0.20
0.40
0.60
0.80
1.00
1.20
1.40
1.60
1.80
2.00
17. 1717DECEMBER 2016 For updated information, please visit www.ibef.org
Aircraft movement growth
Source: Association of Private Airport Operators, TechSci Research
Notes: YoY – Year on Year; FY – Indian Financial Year (April – March)
CAGR – Compound Annual Growth Rate
During FY07-16, domestic aircraft movement increased at a
CAGR of 5.7 per cent, while international aircraft movement
expanded at 6.3 per cent CAGR over the same period.
In FY16, domestic aircraft movement increased at a YoY of
12.56 per cent, while international aircraft movement grew
at a YoY of 8.48 per cent, in comparison to FY15.
During FY16, the total number of domestic aircraft
movement increased to 1.4 million, as compared to FY15
In FY16, the total number of international aircraft movement
increased to 0.37 million, in comparison to FY15
AIRPORTS
GROWTH IN AVIATION HAS ALSO LED TO HIGHER AIRCRAFT MOVEMENT … (2/2)
216
249
270
282
300
309
314
336
346
375.33
862
1059
1036
1049
1094
1235
1165
1201
1260
1418.28
-10.00%
-5.00%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
0
200
400
600
800
1000
1200
1400
1600
1800
2000
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16
International('000) Domestic('000)
Growth-International(%) Growth-Domestic(%)
18. 1818DECEMBER 2016 For updated information, please visit www.ibef.org
Note: AAI – Airports Authority of India
Until 2013, AAI was the only major player involved in developing and upgrading airports in India
Post liberalisation, private sector participation in the sector has been increasing
Private sector investment is expected to increase to USD9.3 billion during the Twelfth Five Year Plan from USD5.5 billion in
the previous plan
AIRPORTS
AAI DOMINATES, BUT PRIVATE SECTOR PARTICIPATION IS RISING
Major private
sector players
Development of Hyderabad International Airport; modernisation
of Delhi International Airport
Modernisation of Mumbai International Airport
Development of Bengaluru International Airport
Development of Bengaluru International Airport
Development of Bengaluru International Airport
Development of Simoga and Gulbarga airports in Karnataka
19. 1919DECEMBER 2016 For updated information, please visit www.ibef.org
NOTABLE TRENDS IN THE AIRPORTS SECTOR
Rising private
participation and
Investments
• Currently, five international airports have been completed successfully under PPP mode
• Investment made by the private sector during the Twelfth Five Year Plan (2012–17) is
expected to increase by 69.1 per cent to USD9.3 billion over that during the Eleventh Five
Year Plan
• Four existing airports and two greenfield projects will be offered on PPP basis which is
expected to attract investments from private players
Greater use of non-
scheduled airlines
• Rising business activity leading to higher demand for non-scheduled airlines
• As on June 2016, there are 121 operators (NSOP)
User development fees
Focus on non-
aeronautical revenue
• Indian airports are emulating the SEZ-aerotropolis model to enhance revenues; focus on
revenues from retail, advertising, vehicle parking, etc.
• Absence of complementary meals in low-cost airlines have boosted the food and
beverages retail segment at airports
AIRPORTS
Source: DGCA
Note: FY – Indian Financial Year (April – March)
NSOP – Non Schedule Operators Permit
• Increasing use of development fees by airport developers and operators
• Airport Development Fee: Delhi, Mumbai airports to fund expansion
• User Development Fee: Hyderabad, Bengaluru airports for maintenance
21. 2121DECEMBER 2016
PORTERS FIVE FORCES ANALYSIS
AIRPORTS
Competitive
Rivalry
(High)
Threat of New
Entrants
(Low)
Substitute
Products
(Low)
Bargaining
Power of
Customers
(Low)
Bargaining
Power of
Suppliers
(High)
Competitive Rivalry1
• Competition among major players is very high, especially in LCC’s (Low cost
carrier) section because the airlines compete for the middle income group
customers and passengers of air-conditioning segment of railways. This group
has low brand loyalty and is highly price sensitive
• Competition might intensify further in LCC segment with Air Asia India being
granted DGCA’s operator license
Threat of New Entrants1 Substitute Products1
Bargaining Power of Suppliers1 Bargaining Power of Customers1
• Threat remains low because of the
nature of the industry (Regulatory
hurdles, Capital-intensive)
• Air Asia India has been granted
DGCA approval (Price War)
• Bargaining power of suppliers
remain high as there are only few
fuel and aircraft suppliers
• Talent pool of pilots, engineers and
other staff is also limited
• Bargaining power of customers
remains low as the demand for low
cost air travel is quite high
• The costs of switching airplanes
and services offered hardly differ
with each other
• Threat remains low in this sector
also as no other means of
transport is as swift, and
convenient as airlines
• It saves time
For updated information, please visit www.ibef.org
Source: Central Asia-Pacific Aviation, TechSci Research
Note: 1 Notes w.r.t airlines
23. 2323DECEMBER 2016
STRATEGIES ADOPTED1
AIRPORTS
• Expansion of CAPA
• Further, rise of LCC’s was also supported by the exit of Kingfisher, which is on the verge of insolvency
• Capacity will also increase with new terminals coming up in Mumbai, Bengaluru, Chennai and Kolkata
• Indian carriers to double their fleet capacity by 2020 to around 800 aircrafts
• Indian LCC’s are expected to increase their regional, international (Asia-pacific, Middle East) operations
• Indian LCC’s are looking forward to increase their low cost products on routes which will take up to four
hours (shorter international routes)
• This will allow deleveraging of domestic fleet, increasing aircraft utilisation and improving commercial
performance
• Chennai, with its strategic location in South India has a strong potential to become a hub, with
connecting flights to Gulf and across South East Asia
• Although India is heavily characterised by LCC’s, there is shortage of low cost airports. Government has
plans to develop around 100 low cost airports, which will significantly lower the operating costs
• NIAMAR (National Institute of Aviation Management and Research) has been developed to bridge the
supply gap of aviation personnel
• Four new greenfield airport projects are coming up in the smaller towns of Andhra Pradesh and
Telangana, as part of India's overall aim to improve airport infrastructure and regional connectivity in the
country.
• As on October 2016, government has launched regional connectivity scheme named UDAN (Ude Desh
ka Aam Nagrik) to make flying affordable for common man
For updated information, please visit www.ibef.orgSource: Central Asia-Pacific Aviation, TechSci Research
Note: 1 Notes w.r.t airlines, LCC – Low Cost Carrier
Expansion
Ancillary services
Increasing operations
Government’s push
• Indian LCC’S are looking forward to increase their ancillary services, without tampering their business
models. This includes services like lounge access, priority boarding, customer loyalty memberships and
customer meals
• Both Indigo and GoAir are eyeing a larger share of corporate market
25. 2525DECEMBER 2016
STRONG DEMAND AND POLICY SUPPORT DRIVING INVESTMENTS
For updated information, please visit www.ibef.org
AIRPORTS
Strong
government
support
Growing demand
Inviting Resulting in
Growing demand
Increasing
investments
Policy support
Expanding middle
income group and
working population
Rising domestic
and foreign
tourists and
travellers
Strong growth in
external trade
Greater
government focus
on infrastructure
Increasing
liberalisation, Open
Sky Policy
Policy sops, FDI
encouragement
AAI driving large
modernisation,
development
projects; expansion
and upgradation of
existing airports;
development of
low-cost airports
Increasing private
sector
participation,
increasing
greenfield projects
Strong projected
demand making
returns attractive
26. 2626DECEMBER 2016 For updated information, please visit www.ibef.org
PASSENGER TRAFFIC SPIKES UP AS DEMAND FOR AIR TRAVEL SOARS … (1/2)
Rising per capita income and growing working
population
• Per capita income is expected to increase at a CAGR
of 7.4 per cent during 2006-2016E.
• The population belonging to the working age group
(15–64 years), at 65.7 per cent of the total population
currently, is expected to grow; this indicates the
employee base and the frequency of business travel
are expected to increase
AIRPORTS
GDP growth and per capita income
Source: IMF, World Travel and Tourism Council, TechSci Research
Note: E - IMF estimates
3,227
3,587
3,748
4,041
4,445
4,749
5,003
5,352
5,758
6,162
6,599
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
Gross domestic product based on purchasing power parity (PPP)
per capita GDP (in USD)
Real GDP Growth Rate (%)
27. 2727DECEMBER 2016
42.10
46.20
48.70
60.90
69.30
68.70
77.87
90.16
96.01
96.20
22.10
24.40
18.60
22.30
25.50
26.40
20.80
17.78
19.10
19.90
0.00
20.00
40.00
60.00
80.00
100.00
120.00
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016E
Leisure Travel & Tourism Spending (in USD Bn)
Business Travel & Tourism Spending (in USD Bn)
For updated information, please visit www.ibef.org
PASSENGER TRAFFIC SPIKES UP AS DEMAND FOR AIR TRAVEL SOARS … (2/2)
Rising domestic and foreign tourists
• Improving tourism infrastructure
• Successful ad campaigns abroad
• The share of travel & tourism in India’s GDP is likely to
depict YoY growth of 7.3 per cent in 2016E; and is
expected to grow at a CAGR of 6.75 per cent per
annum between 2016E-2025
Growing travel & tourism spending
• India is one of the fastest growing economies
• Overall, Leisure travel & tourism spending inclined at a
CAGR of 9.62 per cent between 2007-16E.
• Emergence of business hubs like Mumbai (Finance),
Bengaluru (IT), Chennai (IT), Delhi (Manufacturing, IT)
is likely to boost business travel as well.
• Leisure travel spending grew to USD96.20 billion in
2016E from USD96.01 billion in 2015.
AIRPORTS
Travel and tourism spending (USD billion)
Source: World Travel and Tourism Council,
Make in India, Global Business Travel Association, TechSci Research
Notes: IT – Information Technology, E – Estimated
CAGR: 9.62% CAGR: (1.16%)
28. 2828DECEMBER 2016 For updated information, please visit www.ibef.org
MORE PASSENGERS AND RISING TRADE AIDING HIGHER AIRCRAFT MOVEMENT
Growing trade benefits of freight movement
• Over FY09-16,
• India’s exports expanded at a CAGR of 5.08
per cent to USD262.03 billion in FY16.
• Imports registered a CAGR of 3.28 per cent
which reached to USD380.60 billion in FY16
• Growing trade augurs well for airports as they handle
about 30 per cent of India’s total trade (by value)
AIRPORTS
Rising exports and imports (USD billion)
Source: Ministry of Commerce, TechSci Research
Notes: CAGR – Compound Annual Growth Rate,
FY – Indian Financial Year (April – March)
Higher aircraft
movement
Increasing airline
operators
Rise in freight traffic
Growth in passenger
traffic
FDI in aviation and
liberalised aviation
policy
185.29
178.75
249.82
305.96
300.4
314.41
309.56
262.03
303.69
288.37
369.77
489.32
490.74
450.2
447.52
380.60
0
100
200
300
400
500
600
FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16
Exports Imports
29. 2929DECEMBER 2016 For updated information, please visit www.ibef.org
POLICY SUPPORT AIDING GROWTH IN THE AIRPORTS SECTOR … (1/2)
Greater focus on
infrastructure
• GOI envisions airport infrastructure investment of USD11.4 billion under the Twelfth Five
Year Plan (2012-17)
• The Indian government is planning to invest USD1.83 billion for development of airport
infrastructure along with aviation navigation services by 2026.
Liberalisation, Open
Sky Policy
• With the opening of the airport sector to private participation, six airports across major
cities are being developed under the PPP model
• Currently, 60 per cent of airport traffic is handled under the PPP model, while the
remaining 40 per cent is managed by the AAI
• Increased traffic rights under bilateral agreements with foreign countries
• India has signed its first open skies agreement with Greece
Encouragement to FDI
• The GOI has allowed 100 per cent FDI under automatic route for greenfield projects,
whereas, 74 per cent FDI is allowed under automatic route for brownfield projects.
• 100 per cent FDI is allowed under automatic route in scheduled air transport service,
regional air transport service and domestic scheduled passenger airline, however, FDI
over 49 per cent would require government approval.
• Approval of 49 per cent FDI in aviation for foreign carriers.
Notes: India currently has bilateral air service agreements with 104 countries. These include Brazil, 27 members of the EU, and
China. In 2008 traffic rights were been enhanced with Mexico, Saudi Arabia, Netherlands, Qatar, Iran, Japan and Turkey,
FDI – Foreign Direct Investment, GOI – Government of India
AIRPORTS
30. 3030DECEMBER 2016 For updated information, please visit www.ibef.org
POLICY SUPPORT AIDING GROWTH IN THE AIRPORTS SECTOR … (2/2)
Taxes and duties
• 100 per cent tax exemption for airport projects for a period of 10 years
• Indian aircraft Manufacture, Repair and Overhaul (MRO) service providers are exempted
completely from customs and countervailing duties
Budgetary support
• In the Union Budget for FY17, Government of India, for the purpose of equity infusion has
earmarked USD255.86 million for Air India Limited.
• Also, a budget of about USD14.98 million has been allocated to Airports Authority of India,
of which USD4.29 million has been attributed towards Pakyong, Sikkim project.
• The government has planned to allocate a sum of USD11.80 million to Directorate
General of Civil Aviation to implement various schemes.
• The government has also supported the Bureau of Civil Aviation Security with USD9.71
million to meet their expenditure.
Source: Ministry of Civil Aviation
Notes: AAI – Airports Authority of India,
DGCA – Directorate General of Civil Aviation,
FY – Indian Financial Year (April – March)
AIRPORTS
31. 3131DECEMBER 2016 For updated information, please visit www.ibef.org
AAI LEADS THE WAY IN AIRPORTS INFRASTRUCTURE INVESTMENT
Source: TechSci Research
AIRPORTS
Metro airports • The AAI aims to bring around 250 airports under operation across the country by 2020
• The AAI has developed and upgraded over 23 metro airports in the last five years
Non-metro airports
• The Airports Authority of India (AAI) is planning to spend USD1.3 billion on non-metro
projects over the five years (2013–17); it is mainly focusing on the modernisation and up
gradation of airports; New airports at Itanagar, Kohima and Gangtok are also planned
• The Government of Andhra Pradesh plans to develop greenfield airports in six cities
(Nizamabad, Nellore, Kurnool, Ramagundam, Tadepalligudem, and Kothagudem) under
the PPP model
• Upfront subsidy has been proposed through which non-metro airports would be funded by
imposing 2 per cent levy on both domestic and international airfares
• About 22 airports to get connected under regional connectivity scheme of Airports
Authority of India (AAI)
Northeast India
• Over 30 airport development projects are under progress across various regions in
Northeast India
• AAI plans to develop over 20 airports in tier II and III cities in next five years
• The AAI plans to develop Guwahati as an inter-regional hub and Agartala, Imphal and
Dibrugarh as intra-regional hubs
32. 3232DECEMBER 2016 For updated information, please visit www.ibef.org
PRIVATE SECTOR INVESTMENT IN AIRPORTS RISING … (1/2)
Recourse to the Public Private Partnership (PPP) model has boosted private sector investments in airports
PPP route for five international airports (Delhi, Mumbai, Cochin, Hyderabad, Bengaluru) most noteworthy
On December 31, 2014, Government of India decided to transfer four existing airports (Chennai, Kolkata, Ahmedabad and
Jaipur) and two greenfield airport projects (at Navi Mumbai and Goa) into PPP model in order to attract investments from
private players.
AIRPORTS
• Increasing share of private sector in equity component of major airports –
• 74% private share holding in IGI Airport (Delhi) - owned majorly by GMR (54%), Fraport AG
(10%), Eraman Malaysia (10%); rest of the shares owned by Airports Authority of India
• 74% private shareholding in CSI Airport (Mumbai) - owned majorly by GVK (50.5%), Bid
Services Division (Mauritius) Limited (13.5%), ACSA Global (10%); rest of the shares owned
by Airports Authority of India
• 74% private shareholding in RGI Airport (Hyderabad) - owned majorly by GMR (63%),
Malaysia Airports Holdings Berhad (11%); rest of the shares owned by Government of India
(13%) and Government of Andhra Pradesh (13%)
• 74% shareholding in Kempagowda International Airport (Bengaluru) – owned majorly by
Siemens Project Ventures, Germany (40%), Unique (Flughafen Zurich AG) Zurich Airport,
Switzerland (17%), Larsen & Tourbo, India (17%); rest of the shares owned by Airports
Authority of India (13%) and KSIIDC, which is an agency owned by the state of Karnataka,
India (13%)
Source: TechSci Research
Note: KSIIDC – Karnataka State Industrial and Infrastructure Development Corporation Ltd.
33. 3333DECEMBER 2016 For updated information, please visit www.ibef.org
PRIVATE SECTOR INVESTMENT IN AIRPORTS RISING … (2/2)
Source: TechSci Research
AIRPORTS
Participation in
international
airport projects
Terminal 3
construction in
Delhi completed in
2010
Terminal 3 - Total
cost
USD2.7 billion
(including Terminal 3
and 1- D)
15 greenfield
projects with
private sector
participation has
been approved
in May 2015
PPP format likely to
continue
USD5.8 billion of
investments likely;
USD6.1 million of
investments has
been approved for
Shimoga Airport in
July 2015
Delhi
(Modernisation,
Terminal 3)
Mumbai
(Modernisation)
Hyderabad
Bengaluru
Bijapur Airport
Shimoga Airport
Hassan Airport
Gulbarga Airport
Mopa Airport, Navi
Mumbai Airport, Shirdi
and Sindhudurg
Airports, Kannur and
Aranmula Airports,
Durgapur Airport,
Dabra Airport,
Pakyong Airport,
Karaikal Airport and
Kushinagar Airport
34. 3434DECEMBER 2016 For updated information, please visit www.ibef.org
Source: Association of Private Airport Operators, TechSci Research
Notes: BOOT - Build Own Operate Transfer; BOO - Build Own Operate
Presently India has five PPP airports each at Mumbai, Delhi, Cochin, Hyderabad and Bengaluru, which together handle over
55 per cent of country’s air traffic.
Government of India has approved 15 greenfield PPP projects which are expected to increase the air traffic in India. These
projects would be setup in Goa, Navi Mumbai, Maharashtra, Bijapur, Gulbarga, Karnataka, Kerala, West Bengal, Madhya
Pradesh, Sikkim, Puducherry and Uttar Pradesh.
AIRPORTS
SUCCESSFUL PPP AIRPORTS IN INDIA
Name of airport Operator
Type of project/
PPP structure
Revenue sharing
Chhatrapati Shivaji
International Airport
Mumbai International Airport Ltd
(MIAL)
Brownfield/BOOT
38.7 per cent of gross revenue to be
shared with AAI
Indira Gandhi
International Airport
Delhi International Airport Ltd
(DIAL)
Brownfield/BOOT
45.9 per cent of gross revenue to be
shared with AAI
Rajiv Gandhi
International Airport
GMR Hyderabad International
Airport Ltd (GHIAL)
Greenfield/BOOT
Concession fees - 4 per cent of
gross revenue to be shared with AAI
Bengaluru
International Airport
Bengaluru International Airport
Ltd (BIAL)
Greenfield/BOOT
Concession fees – 4 per cent of
gross revenue to be shared with AAI
Cochin
International Airport
Cochin International Airport Ltd
(CIAL)
Greenfield/BOO
Payment of dividend to the
Government towards their 26 per
cent of equity capital
35. 3535DECEMBER 2016 For updated information, please visit www.ibef.org
Source: TechSci Research
AIRPORTS
FOREIGN PLAYERS ARE SHOWING INCREASING INTEREST IN THE SECTOR
Major foreign players Airport Stake (%) Description
Airports Company South
Africa Global
Mumbai International
Airport Pvt Ltd
10 Operates and owns nine airports in South Africa
Malaysia Airports Holdings
Berhad
Delhi International Airport
Pvt Ltd
10
Operates and manages 5 international gateways,
16 domestic airports, to 18 short take-off and
landing ports (Short Take-off and Landing ports)
that serves the rural and remote areas in
Malaysia
Hyderabad International
Airport Pvt Ltd
11
Frankfurt Airport Services
Worldwide
Delhi International Airport
Pvt Ltd
10
Global airport operator that offers airport
management services including terminal and
traffic management, baggage and cargo
handling, and aviation ground handling
AirAsia
Joint venture with Tata
sons and Arun Bhatia
49
AirAsia is a Malaysian low-cost carrier. It has
formed a joint venture AirAsia (India) Pvt Ltd with
Tata Sons (30% stake) and Arun Bhatia via
Telestra Tradeplace (21% stake) in March 2013.
Tata Sons planning to raise its stake to 41.06%
as on August 14, 2015
37. 3737DECEMBER 2016
OPPORTUNITIES
For updated information, please visit www.ibef.org
Notes: ‘Project Gagan’ is directed towards transitioning from a ground-based navigation system to a satellite-based one. AAI and ISRO are
jointly working on this. A Space Based Augmentation System (SABS) will be operational by 2013,
MRO – Maintenance, Repair and Overhaul
AIRPORTS
• The Indian Aviation sector likely to
see investments totalling USD12.1
billion during the Twelfth Five Year
Plan
• Of the total investment, USD9.3
billion is expected to come from the
private sector
• Success of PPP formats will raise
investment in existing and
greenfield airports
• Private sector participation in six
existing airports operated by AAI is
likely to increase investment
opportunities for airport sector
• The Indian Aviation Industry aims to
boost MRO business in India, which
is worth US500 million as of FY2016
and is estimated to grow over US1.5
billion by 2020
• Indian airline companies spend over
13–15 per cent of their revenues on
maintenance, which is the second-
highest cost component after fuel
• Inauguration of MRO facility at
Hyderabad in May 29, 2015 by Air
India Engineering Services Limited
(AIESL) which is a 100 per cent
owned subsidiary of Air India
• Airport developers can now
draw on wider revenue
opportunities such as retail,
advertising and vehicle
parking
• Future operators will benefit
from greater operational
efficiency due to satellite
based navigation systems like
‘Project Gagan’ which is in
development phase
Policy support and demand
growth unlocking large
investment potential
Huge potential to develop
India as an MRO hub
Leverage on non-
aeronautical revenues,
improved technology
39. 3939DECEMBER 2016 For updated information, please visit www.ibef.org
IGI INTERNATIONAL AIRPORT, DELHI - A COMPELLING SUCCESS STORY
Source: Delhi International Airport Ltd, Association of Private Airport Operators,
Airports Authority of India, TechSci Research;
Note: ACI – Airports Council International , mn - Million
Awarded at the Skytrax World Airport Awards 2015 for the “Best Airport in Central Asia region” and for the “Best Airport
Staff”. Also, they were felicitated with the prestigious Golden Peacock National Quality Award’ 2015 for their continuous
efforts in building a culture across IGI Airport
Ranked first in the world at the ACI Annual Service Quality Awards in 2014 (category: handling 25-40 million passengers) up
from second in 2012
Delhi International Airport Ltd became the first in the world to receive the ISO 22301:2012 certification for its robust business
continuity management system
AIRPORTS
Phase I
Operational status Completed on Mar-2010 Ongoing 20-year project
Area (acres) 1,907 5,106
Passenger handling
capacity per annum
34 million
100 million (by 2020)
(60 million as on October
2013)
Final
Phase 1 of modernisation of IGI International Airport (at a cost of INR86 billion) involved
renovation of terminals 1A, 1B, 1C and Terminal 2. It also included construction of a
new domestic terminal along with an integrated passenger terminal (Terminal 3)
Facts and features
Passenger Traffic: 48.4 mn (FY16)
Aircraft movement: 0.34 mn (FY16)
Cargo: 0.79 mn tonnes (FY16)
Terminal 3
Retail space: 0.2 mn sq feet
Apron area: 6.7 mn sq feet
Multi level car park: 4,300 cars/day
(mn: million; sq: square)
40. 4040DECEMBER 2016
During the World Travel Awards, 2015, CSI International Airport, Mumbai’s GVK Lounge at Terminal 2 has been felicitated
with “Asia’s Leading Airport Lounge “ Award. Also, the Architizer A+ Award for the “Best Architectural Structures in the
World” was bagged by CSI International Airport in the Transportation-Airports category, 2015
Ranked fifth in the world at the ACI Annual Service Quality Awards in 2014 (category: handling 25-40 million passengers)
Plans to increase the handling capacity at the airport from 36 to 48 flights/hr and to increase the passenger capacity to 40
million annually
For updated information, please visit www.ibef.org
CSI INTERNATIONAL AIRPORT, MUMBAI - HARNESSING THE POWER OF PPP
Source: Airports Authority of India, Mumbai International Airport Ltd, TechSci Research
Note: ACI – Airports Council International
AIRPORTS
Cargo handling capacity
per annum
Passenger handling
capacity per annum
1.5 million tonnes
40 million
Facts and features
In FY16, CSI handled –
• Passenger traffic: 41.67 million
• Cargo movement: 0.7 million tonnes
• Modernisation of the Mumbai International Airport will
entail investments worth USD1.3 billion over a period of
20 years
• Government of India to provide USD1.1 billion
• Parts of the project completed till now:
• Phase I (2008): New airport lounges, retail outlets,
duty-free shops, temporary cargo facilities, and
multilevel car parks
• Phase II (2010): Involved construction of a new
terminal at Sahar, a parallel runway, and new
cargo facilities
42. 4242DECEMBER 2016
INDUSTRY ASSOCIATIONS
Airports Authority of India (AAI)
Rajiv Gandhi Bhawan, Safdarjung Airport,
New Delhi –110 003
Phone: 91 11 24632950
Directorate General of Civil Aviation (DGCA)
Aurbindo Marg, Opp. Safdarjung Airport,
New Delhi –110 003
Phone: 91 11 24622495
Fax: 91 11 24629221
E-mail: dri@dgca.nic.in, dfa@dgca.nic.in
For updated information, please visit www.ibef.org
AIRPORTS
43. 4343DECEMBER 2016
GLOSSARY
For updated information, please visit www.ibef.org
AAI: Airports Authority of India
ACI: Airport Council International
CAGR: Compound Annual Growth Rate
FDI: Foreign Direct Investment
FY: Indian Financial Year (April to March)
So FY10 implies April 2009 to March 2010
GOI: Government of India
INR: Indian Rupee
MRO: Maintenance, Repair and Overhaul
PPP: It could denote two things (mentioned in the presentation accordingly) –
Purchasing Power Parity (used in calculating per-capita GDP – slide 12, GROWTH DRIVERS)
Public Private Partnership (a type of joint venture between the public and private sectors)
AIRPORTS
44. 4444DECEMBER 2016
Year INR equivalent of one USD
2004–05 44.81
2005–06 44.14
2006–07 45.14
2007–08 40.27
2008–09 46.14
2009–10 47.42
2010–11 45.62
2011–12 46.88
2012–13 54.31
2013–14 60.28
2014-15 61.06
2015-16 65.46
2016-17 (E) 66.95
Year INR equivalent of one USD
2005 43.98
2006 45.18
2007 41.34
2008 43.62
2009 48.42
2010 45.72
2011 46.85
2012 53.46
2013 58.44
2014 61.03
2015 64.15
2016 (Expected) 67.22
Exchange rates (Fiscal Year)
For updated information, please visit www.ibef.org
EXCHANGE RATES
Exchange rates (Calendar Year)
Source: Reserve bank of India,
Average for the year
AIRPORTS
45. 4545DECEMBER 2016
India Brand Equity Foundation (“IBEF”) engaged TechSci Research to prepare this presentation and the same has
been prepared by TechSci Research in consultation with IBEF.
All rights reserved. All copyright in this presentation and related works is solely and exclusively owned by IBEF. The
same may not be reproduced, wholly or in part in any material form (including photocopying or storing it in any
medium by electronic means and whether or not transiently or incidentally to some other use of this presentation),
modified or in any manner communicated to any third party except with the written approval of IBEF.
This presentation is for information purposes only. While due care has been taken during the compilation of this
presentation to ensure that the information is accurate to the best of TechSci Research and IBEF’s knowledge and
belief, the content is not to be construed in any manner whatsoever as a substitute for professional advice.
TechSci and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in
this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of
any reliance placed on this presentation.
Neither TechSci nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission
on the part of the user due to any reliance placed or guidance taken from any portion of this presentation.
For updated information, please visit www.ibef.org
DISCLAIMER
AIRPORTS