Introduction, Objectives, Regional Centers, Apex and Recognized Bodies and Regional Agreements of South Asian Association for Regional Cooperation (SAARC)
Introduction, Objectives, Regional Centers, Apex and Recognized Bodies and Regional Agreements of South Asian Association for Regional Cooperation (SAARC)
A
Project Report
On
Aviation Industry
Submitted By
Name Roll Number
Miss. KiranBendre 05
Mr. KalidasBhandwalkar 06
Mr. SanketBharte 07
Miss. SangitaBhilare 08
Class: - MBA I, VIIT,Baramati
Under The Guidance Of
Dr. RupendraGaikwad
Subject:- Industry Analysis- Desk Research (215)
Index
Chapter No Contents Page No
1 Industry Analysis
Nature of the Industry,
Market share of the company 3
2 Promoters & Management Ethos
Background of promoters
CSR policies
3 External environment
Controlling ministry
4 Financials
Ratio analysis of financial data
5 Recent development
Margers & Acquisition
Indian Aviation Industry
Chapter 1 : Industry Analysis – the Basics
History of the Industry
The first commercial flight in India was made on February 18, 1911, when a French pilot MonsignorPiquet flew airmails from Allahabad to Nain, covering a distance of about 10 km in as many minutes.
Tata Services became Tata Airlines and then Air-India and spread its wings as Air-India International. The domestic aviation scene, however, was chaotic. When the American Tenth Air Force in India disposed of its planes at throwaway prices, 11 domestic airlines sprang up, scrambling for traffic that could sustain only two or three. In 1953, the government nationalized the airlines, merged them, and created Indian Airlines. For the next 25 years JRD Tata remained the chairman of Air-India and a director on the board of Indian Airlines. After JRD left, voracious unions mushroomed, spawned on the pork barrel jobs created by politicians. In 1999, A-I had 700 employees per plane; today it has 474 whereas other airlines have 350.
For many years in India air travel was perceived to be an elitist activity. This view arose from the “Maharajah” syndrome where, due to the prohibitive cost of air travel, the only people who could afford it were the rich and powerful.
In recent years, however, this image of Civil Aviation has undergone a change and aviation is now viewed in a different light - as an essential link not only for international travel and trade but also for providing connectivity to different parts of the country. Aviation is, by its very nature, a critical part of the infrastructure of the country and has important ramifications for the development of tourism and trade, the opening up of inaccessible areas of the country and for providing stimulus to business activity and economic growth.
Until less than a decade ago, all aspects of aviation were firmly controlled by the Government. In the early fifties, all airlines operating in the country were merged into either Indian Airlines or Air India and, by virtue of the Air Corporations Act, 1953; this monopoly was perpetuated for the next forty years. The Directorate General of Civil Aviation controlled every aspect of flying including granting flying licenses, pilots, certifying aircrafts for flight and issui
Marketing strategies of indigo and spicejetHarkeshKanu1
This slide will take you through SWOT analysis, Segmentation, Positioning and Targeting, 4ps, Tongue in cheek advertising and strategy recommendations.
Indian Prime Minister Narendra Modi has launched a new scheme to boost his country's manufacturing sector and encourage foreign investors with 'Zero Defect; Zero Effect' policies.
About Russia, Pestel Analysis, FDI inflow and outflow of Russia, Logistics with India, FTA, Leading MNC in Russia in India and Indian MNC in Russia, Major Joint Venture, Relationship with India both Political and Economical, HR Practices of Russia, Environmental Issue in Russia, Trade and Investment Potential of Russia with India
The In-Country-Value Program (ICV) pioneered by ADNOC in 2018 is an initiative designed to achieve the optimum value from our nation’s oil and gas resources to stimulate the UAE’s economic growth and diversification.
A
Project Report
On
Aviation Industry
Submitted By
Name Roll Number
Miss. KiranBendre 05
Mr. KalidasBhandwalkar 06
Mr. SanketBharte 07
Miss. SangitaBhilare 08
Class: - MBA I, VIIT,Baramati
Under The Guidance Of
Dr. RupendraGaikwad
Subject:- Industry Analysis- Desk Research (215)
Index
Chapter No Contents Page No
1 Industry Analysis
Nature of the Industry,
Market share of the company 3
2 Promoters & Management Ethos
Background of promoters
CSR policies
3 External environment
Controlling ministry
4 Financials
Ratio analysis of financial data
5 Recent development
Margers & Acquisition
Indian Aviation Industry
Chapter 1 : Industry Analysis – the Basics
History of the Industry
The first commercial flight in India was made on February 18, 1911, when a French pilot MonsignorPiquet flew airmails from Allahabad to Nain, covering a distance of about 10 km in as many minutes.
Tata Services became Tata Airlines and then Air-India and spread its wings as Air-India International. The domestic aviation scene, however, was chaotic. When the American Tenth Air Force in India disposed of its planes at throwaway prices, 11 domestic airlines sprang up, scrambling for traffic that could sustain only two or three. In 1953, the government nationalized the airlines, merged them, and created Indian Airlines. For the next 25 years JRD Tata remained the chairman of Air-India and a director on the board of Indian Airlines. After JRD left, voracious unions mushroomed, spawned on the pork barrel jobs created by politicians. In 1999, A-I had 700 employees per plane; today it has 474 whereas other airlines have 350.
For many years in India air travel was perceived to be an elitist activity. This view arose from the “Maharajah” syndrome where, due to the prohibitive cost of air travel, the only people who could afford it were the rich and powerful.
In recent years, however, this image of Civil Aviation has undergone a change and aviation is now viewed in a different light - as an essential link not only for international travel and trade but also for providing connectivity to different parts of the country. Aviation is, by its very nature, a critical part of the infrastructure of the country and has important ramifications for the development of tourism and trade, the opening up of inaccessible areas of the country and for providing stimulus to business activity and economic growth.
Until less than a decade ago, all aspects of aviation were firmly controlled by the Government. In the early fifties, all airlines operating in the country were merged into either Indian Airlines or Air India and, by virtue of the Air Corporations Act, 1953; this monopoly was perpetuated for the next forty years. The Directorate General of Civil Aviation controlled every aspect of flying including granting flying licenses, pilots, certifying aircrafts for flight and issui
Marketing strategies of indigo and spicejetHarkeshKanu1
This slide will take you through SWOT analysis, Segmentation, Positioning and Targeting, 4ps, Tongue in cheek advertising and strategy recommendations.
Indian Prime Minister Narendra Modi has launched a new scheme to boost his country's manufacturing sector and encourage foreign investors with 'Zero Defect; Zero Effect' policies.
About Russia, Pestel Analysis, FDI inflow and outflow of Russia, Logistics with India, FTA, Leading MNC in Russia in India and Indian MNC in Russia, Major Joint Venture, Relationship with India both Political and Economical, HR Practices of Russia, Environmental Issue in Russia, Trade and Investment Potential of Russia with India
The In-Country-Value Program (ICV) pioneered by ADNOC in 2018 is an initiative designed to achieve the optimum value from our nation’s oil and gas resources to stimulate the UAE’s economic growth and diversification.
Get your ICV certification in Dubai with ease! Our agency offers expert guidance, streamlined processes, and competitive rates to help you unlock new opportunities and enhance your business success.
Obtaining ICV Certification is a strategic decision for businesses operating in the UAE. It demonstrates your commitment to the country's economic development and unlocks numerous benefits that can significantly contribute to your company's success. By carefully navigating the application process and fulfilling the ongoing requirements, you can position your company for sustainable growth and prosperity in the dynamic and rewarding UAE market.
We encourage you to take advantage of the resources available and embark on your ICV Certification journey today. Remember, the benefits are significant, and the process, though comprehensive, is achievable with the right support and guidance.
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Similar to In Country Value Program (ICV).pptx (20)
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Dubai is nowadays always compared to megacities like Hongkong and Singapore and has become home to 200+ nationalities. The Dubai government and its policies are always unique and transparent and considered a business-friendly welcome approach to its residents and business community.
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HLB HAMT has been helping many companies across industries adopt digital transformations in the last few years. The most popular and adoptive among the digital transformation processes are Robotic Process Automation (RPA). The software or “bots” emulate human actions, capture data, and manipulate applications to effectively execute a business process.
A probationary period is meant to allow the company to evaluate the new hire and make a decision on whether to keep the working relationship continue or end it.
HLB HAMT is a leading ICV certificate provider in UAE accredited by the relevant authorities as one of the certifying bodies. For ICV Certification In Dubai, Contact us.
HLB HAMT have a team of Registered auditor in Abu Dhabi, UAE. Considered as a most trusted international auditor in Abu Dhabi for over a decade. Contact to our Audit firm in Abu Dhabi for Best Services.
Our Audit and Assurance Practices adhere to the International Standards on Quality Control, Auditing, Review issued by the International Federation of Accountants
HLB HAMT is among the certified Auditors in Dubai UAE provides professional audit services in UAE with 29 years of experience. As a reputed audit firm, our service is recognized in middle east.
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HLB HAMT is one of the top data entry and transaction processing companies in Dubai. We serve payers and providers in different sectors at reasonable rates all over UAE.
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In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
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2. The In-Country-Value Program (ICV) pioneered by ADNOC in 2018 is an initiative
designed to achieve the optimum value from our nation’s oil and gas resources to
stimulate the UAE’s economic growth and diversification.
Recently, the Abu Dhabi Department of Economic Development (ADDED), Abu Dhabi
National Oil Company, Abu Dhabi Ports Company PJSC, Aldar Properties PJSC,
Emirates Nuclear Energy Corporation, and Mubadala Investment Company
(Participating entities) also have collaborated in this program by implementing a
unified In-Country Value (ICV) Program, Rev. 3.0.
3. THE PRIMARY OBJECTIVES OF ICV ARE:
Emiratization: Generating more employment opportunities for Emiratis in the
private sector
GDP Diversification: More goods and services are sourced within the country, in a
move to support diversification
Strategic considerations: Critical parts of the value chain are localized for certain
categories of businesses
4. WHY ICV CERTIFICATION
ICV score is an integral part of bid evaluation of the participating entities and it will
give added weightage for the suppliers and vendors in the award process.
Entities who are indirectly connected with the tenders also benefit from the ICV
certification program; as ICV-certified supplier “spend” that remains within the
UAE or contributes to the UAE economy, is considered for ICV calculation purpose.
5. KEY CONSIDERATIONS IN ICV
CERTIFICATION
ICV certification is based on the last audited IFRS financial statements of the
entities and shall not be older than 2 years from the certification year.
For newly established companies (less than 10 months old), who do not have audited
financial statements, the management accounts for a period of up to 10 months can
be considered for ICV calculations.
The ICV certificate shall be valid for a period of 14 months from the date of issuance
of audited financial statements.
6. ICV Scores are calculated using a pre-defined methodology by assessing the
economic value added within the country for the goods or services provided by the
entity. Following areas are taken into the consideration for the calculation of ICV
Score:
7. HOW WE CAN HELP?
HLB HAMT is empaneled as one of the certifying bodies to issue an ICV Certificate
with the respective authorities. Along with issuing the certificate, we work with
clients to understand their requirements, help them with ICV calculation and
recommend the required improvements in the business as well as operational
activities. We also make it a point to constantly update our clients on the latest
information regarding ICV program and suggest policy changes, if required.
8. FREQUENTLY ASKED QUESTIONS – ICV
What is the National in-country value program?
The National In-Country Value Program (ICV) is a UAE government program that
aims to boost economic performance and support local industries by redirecting higher
portion of public spending into the national economy. The National ICV is a certificate
issued to suppliers in which their contribution to the local economy is evaluated. The
certified suppliers are then given an advantage during the award of contracts and
purchases based on their ICV score.
9. Who are the Participating entities of the ICV programme in UAE?
All the entities who have implemented the In-Country Value (ICV) program jointly are
referred to as “Participating Entities” and include the Abudhabi Department of
Economic Development (ADDED), ADNOC, ALDAR, MUBADALA, Etisalat, Emirates
Nuclear Energy Corporation, Etihad Rail, Shurooq, EDGE. ICV Certificates are used
by the Participating entities in evaluating their tenders for procurement.
10. What are the economic benefits of the ICV Certificate in UAE?
As a part of the ICV program, more goods and services are sourced within the country,
in a move to support UAE’s GDP diversification. Also, the Program will generate more
employment opportunities for Emiratis in the private sector and critical parts of the
value chain will be localized for certain categories of businesses.
What is a Certifying body as per ICV program?
A Company who has been authorized by the MOIAT for verification of Suppliers’ ICV
certificate application and issues the ICV certificate.
11. How can suppliers join the ICV Program in UAE?
To join the ICV Program, suppliers need to follow few simple steps:
Issue audited financial statement based on International Financial Reporting Standards
(IFRS) (management accounts for new established entities less than 10 months.)
Fill in the ICV template as per the guidelines.
Approach one of the authorized certifying bodies for evaluation.
Once the ICV certificate is received, a supplier can submit it to participating entities.
12. CONTACT US
HLB HAMT
Level 18, City Tower-2,
Sheikh Zayed Road
PO Box 32665
Dubai – United Arab Emirates.
Tel: +971 4 327 7775
E-mail: dubai@hlbhamt.com