India is presently considered as the third largest domestic civil aviation market in the world. The aviation sector in India has been changed tremendously in both Civil and Military aviation in the last three years. However, Indian airlines have fallen on hard times, battered by soaring oil prices and a weak rupee in recent months. According to data released by the Department of Industrial Policy and Promotion (DIPP), FDI inflows in India’s air transport sector (including air freight) reached US$ 1,658.23 million between April 2000 and June 2018.
India’s aviation industry is expected to witness Rs 1 lakh crore (US$ 15.52 billion) worth of investments in the next five years. India’s aviation industry is largely untapped with huge growth opportunities, considering that air transport is still expensive for majority of the country’s population, of which nearly 40 per cent is the upwardly mobile middle class.
Logistics start-up Avicore Aviation Pvt.
Ltd plans to invest $100 million, or about Rs400 crore, to launch a new cargo airline before mid-2008 from the country’s first dedicated cargo airport at Nagpur.The start-up is backed by Indian and some US-based non-resident Indian businessmen through Avicore Llc.The main Indian promoter is Abhay Lodha, managing director of Mumbai-based Topworth Group, which has interests in steel and power plants, along with Avicore Aviation chief executive Shankar Devarajan.
Avicore is the third firm that has applied to the government for a licence to launch a cargo airline.
Interest in the country’s air cargo business comes after a three-year boom in passenger services among airlines in India.
Tax Consulting Firms in India | Tax Accounting Services in Mumbai, India
SpiceXpress, the cargo arm of SpiceJet, has commenced its narrowbody domestic freighter service connecting Hyderabad, Delhi, Mumbai, Bangalore and Chennai.
With this, Hyderabad International Airport now has six scheduled freighters operating.
SpiceJet's 737-700F freighter aircraft will operate 6 days every week, arriving from Chennai at 9.45 pm and departing for Delhi at 10.45 pm.Read More ..........
A Vashikaran Specialist in Mumbai, India Aditya Samrat ji can provide you with some ritual that you have to perform and with an effect of those rituals you can get the control over the mind of the one love and will get it back with simplicity.
Contact now Our Vashikaran Specialist in Mumbai, India at +91–8146238002.https://lovebacksolutions2.medium.com/Vashikaran Specialist in MumbaiVashikaran Specialist in IndiaLove vashikaran Specialist in Mumbai IndiaAstrologer in MumbaiVashikaran Expert in India
