The stage is set for fifth edition of India Aviation 2016, country's biggest civil aviation show, beginning here on Wednesday.
The five day biennial aviation show, comprising a three day conference for businesses and two day exhibition of various aircraft for people, will be formally inaugurated by President Pranab Mukherjee at Begumpet Airport, the old airport located in the heart of the city.
The theme of this edition is "Indian civil aviation sector: Potential as global manufacturing and MRO hub. "
Industry leaders, foreign delegates including ministers and ambassadors, officials, representatives of industry associations and other stakeholders will attend the event, being organised by the civil aviation ministry jointly with Federation of Indian Chambers of Commerce and Industry (FICCI).
Civil Aviation Minister Ashok Gajapathi Raju and Civil Aviation Secretary R. N. Choubey will address the conference.
The inaugural session will also be attended by Telangana and Andhra Pradesh Governor E. S. L. Naraismhan, Telangana Chief Minister K. Chandrasekhar Rao and his Andhra Pradesh counterpart N. Chandrababu Naidu.
Joint Secretary, Civil Aviation, Anil Srivastava pointed out that the theme this year is significant as India is on the journey to become the third largest aviation market in the world by 2020 after the US and China.
India is one the fastest growing aviation markets and currently the ninth largest civil aviation market in the world. More than 85 international airlines operate to India and 5 Indian carriers connect over 40 countries.
It is also one of the least - penetrated air markets in the world with 0. 04 trips per capita per annum as compared to 0. 3 in China and more than 2 in the US.
The civil aviation industry is on a high growth path, having registered an impressive growth of 13 percent and 10 percent CAGR for passenger and cargo throughput respectively for the period 2003 - 2013, noted Srivastava.
By 2020, passenger traffic at Indian airports is expected to increase to 450 million from 159. 3 million in 2012 - 2013. The aviation sector is likely to see investments totalling $12. 1 billion during 12th five year plan, out of which $9. 3 billion is expected to come from the private sector.
Srivastav said 200 low - cost airports are planned to be built in the next 20 years to connect tier - II and tire - III cities and $1. 3 billion is planned to be spent on non - metro projects during 2013 - 17 mainly focusing on the modernisation and upgradation of airports, he added.
More than 200 exhibitors from 12 countries will be participating in the event. There will be 200 stalls, 14 chalets with 20, 000 square meters area for the event. There will be demonstration flights, business center, lounge and other facilities. The aviation show includes Conference, CEO's Forum, exhibition, flying and static display of a aircrafts and B2B meetings.
Leading aircraft and helicopter manufacturers like Boeing, Airbus, Textron, AAEmbraer, Gulfstream, Dassault, Agusta Westland, Bell Helicopters, Russian Helicopters will take part in the show.
The first three days will be only for business visitors while on the last two days it will be thrown open to general public.
As many as 30 aircrafts ranging from small business jets to big aircrafts will be on display. These include B777 by Air India, Dornier by HAL, TAC - 003 by Thrust Aircraft Co. , MI - 172 by Pawan Hans, A 350 by Qatar Airways; A0330 - 300 by Air Asia; Legacy 500, 650, Phenom 200 and 300) by Embraer, B - 787 by Etihad, A380 by Emirates.
IndiGo will display A320 Neo, which recently made its debut in India. The first eco - friendly aircraft built by European aircraft major Airbus was delivered to budget carrier IndiGo. Airbus claims it to be fuel efficient by 15 percent.
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