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Indian Economy

Notes Aviation

As per the data released by DIPP, the air transport along with air freight in India has
attracted FDI worth US$ 449.26 million from April 2000 to March 2013.

No-frill carrier IndiGo leads in terms of market share with 29.8 per cent of the pie. It is also
followed by Jet Airways-Jet Lite combine at 22.6 per cent, Spice Jet 19.6 per cent, Air India
Domestic 19.2 per cent and Go Air at 8.9 per cent for the January–April 2013 period.

Official statistics revealed that total domestic passengers carried between January and
April 2013 by the scheduled domestic airlines were 20.289 million.

Task Add few more updates on Indian development in infrastructure sector by doing a
research study.

2.3.2 Infrastructure in India: Key Developments

It is essential to note the following main features of infrastructural development in India:
L&T Metro Rail (Hyderabad), an arm of infrastructure company L&T has granted a ` 220
crore (US$ 37.91 million)-project to Korean technology company Samsung SDS Company.
L&T contributed this amount for setting up Automatic Fare Collection (AFC) system for
the forthcoming Hyderabad metro rail project. The scope of the order majorly includes
setting up of smart card based ticketing system, ticket vending machines, cash and card
based payment system, automatic gates along with near field communication technology
that enables usage of mobile phones as fare media. Samsung has already managed to
implement similar AFC projects across various countries including three in India–Bangalore
metro, Jaipur metro and Delhi metro.
With an investment of ` 1,800 crore (US$ 310.2 million), The Visakhapatnam Port Trust
(VPT) is undertaking three major projects. These projects involve up-gradation of existing
facilities at iron ore handling complex (OHC), extension of container terminal,
mechanisation and West Quay North (WQ-7 and 8 berths). The cargo mix for WQ North
berths will handle bulk cargoes such as blast furnace slag, bauxite, manganese, gypsum
and other categories of ore. VPT is expected to spend ` 13,940 crore (US$ 2.42 billion) on a
number of on-going projects to increase its current capacity to 149 million tonne (MT) by
2019-20.

Jet Airways carried the largest number of international passengers from India in 2012. It
will also offer visa procurement services to its passengers wanting to travel to the United
Arab Emirates (UAE) and fly the carrier. Jet Airways has partnered with Dnata, which is a
Dubai-based travel service company wherein the travellers from India to Dubai, Sharjah
and Abu Dhabi would have the alternative to individually secure their visa before
departure.

NHAI has completed 99.99 per cent of the Golden Quadrilateral (GQ) highway network.
This is India’s much-awaited infrastructure project and connects Delhi, Chennai, Kolkata
and Mumbai. NHAI desired to set up GQ as a yardstick of Indian highways achieving
global standards while improving local economies around it. The project also provided
numerous opportunities for Public-Private Partnerships (PPPs) in infrastructure building.

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