Ms Usha Padhee,
Joint Secretary, Ministry of Civil Aviation, Government of India, recently stated that the government will continue its privatization drive in the aviation sector and that more airports will be privatised soon.
Ms Padhee was speaking at the ‘Smart Safe Secure Skies’, organised by FICCI jointly with Thales, wherein she said that the Indian civil aviation sector is growing at a rapid pace and is attracting a lot of investment, particularly from the private sector.
“Government is, for the first time, talking about disinvestment of Air India and Pawan Hans Ltd. We have already privatised some airports and more airports are in line. Three have been awarded, few more are in line. It is a continuous trend,” said the joint secretary.
With just 7% penetration in a country of 1.2 billion, Ms Padhee said that about 300 million to 400 million middle class in India are still waiting to fly. “Just one ticket per passenger in a year will take India ahead of the UK, the world’s third-largest civil aviation market,” said Ms Padhee.
“Be confident that the next two decades are going to be a growth story,” Ms Padhee said, adding that the sector, which faces competing demands from its different stakeholders, needs the ecosystem to work as one integrated model.