IAF CONDUCTS SEMINAR ON ‘NAVACHAR UTKRISHTAM BHAVISYAM’ (Innovation is Path to Better Future) AERO INDIA 25

Daily writing prompt
If there was a biography about you, what would the title be?

Indian Air Force (IAF) is working to harness the potential of indigenous defence industry through Govt policies under the umbrella of Atmanirbharta by continuously engaging with the Industry Partners. Considerable success has been achieved in the indigenisation and innovation of spares and sustenance of equipment. The efforts are now being focused towards complex futuristic technologies, weapon systems and space domain.

Aero India being one of the premier aerospace and defence exhibition, serves as a global platform for showcasing cutting-edge technologies, innovations, and products in the field of aviation. IAF has been at the forefront of embracing the vision of ‘Make in India‘ by actively supporting indigenous defence development and manufacturing. IAF is the biggest stakeholder in aerospace domain and a major participant in leading the drive towards Atmanirbhata.

In pursuit of futuristic technologies and to highlight the drive towards self-reliance, lAF is conducting a seminar on the theme ‘NAVACHAR UTKRISHTAM BHAVISYAM’ (innovation is the Path to better Future). The Hon’ble Raksha Mantri Shri Rajnath Singh has been invited as the Chief Guest for the event with Chief of the Air Staff in attendance.

The seminar is planned on 11 Feb 25, from 1400-1630 Hr, at Hall No 1, Air Force Station Yelahanka, Bengaluru. The seminar is expected to have attendance from senior officers of Armed Forces, Govt officials, Industry leaders from aviation and aerospace domain, reps from Defence Public Sector Units (DPSUs), MSMEs, Start-ups, Innovators and the Academia. The seminar aims to inspire collaboration between defence forces, industry and R&D agencies, fostering a robust ecosystem for innovation. During this seminar, the following are planned to be released /launched by Hon’ble Raksha Mantri:- a publication titled ‘IAF Compendium (Samarthya Margdarshika) of Challenges and Opportunities for Indian Industry‘, for the Indian industries, Micro Small Medium Enterprises (MSMEs), Start-ups and individual innovators, encompassing current and future requirements of IAF; Declaration of the winners of Mehar Baba-ll Competition (MBC). The MBC-II was launched for the Indian Industries in the year 2022. This competition harnessed exceptional talent of Indian industry in swarm drone technology and showcased their capabilities in realising solutions to specific problem statements. In addition, MBC-III ‘Collaborative Drone Based Surveillance Radars‘ will be launched to develop an unmanned capability similar to an Airborne Warning and Control System.

Towards bolstering the ‘Digital India’ drive, IAF will be launching ‘VAYU VITT‘ digital portal for placing orders, certification and payments between lAF and HAL. This is aimed towards enhancing digitisation along with improved efficiency and transparency.

Additionally, a panel discussion on ‘Manned Unmanned Teaming- From Concept to Targeting‘ is planned with eminent experts from the aerospace domain including scientists, industrialists, certification agencies and end users. The panel discussion is intended towards underscoring the pivotal role of Indian Industry in driving indigenous solutions for futuristic technologies to meet the evolving defence and security needs of our Nation.

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Aero India 2025 at Yelahanka Air Force Station in Bengaluru on February 10, 2025

Daily writing prompt
What were your parents doing at your age?

The 15th edition of Aero India, Asia’s biggest aerospace and defence exhibition, will be inaugurated by Raksha Mantri Shri Rajnath Singh at the Yelahanka Air Force Station in Bengaluru, Karnataka on February 10, 2025. With the broad theme of ‘The Runway to a Billion Opportunities’, the five-day extravaganza will showcase India’s aerial prowess and indigenous cutting-edge innovations alongside state-of-the-art products of global aerospace companies. In line with ‘Aatmanirbhar Bharat’ and ‘Make in India, Make for the World’ vision, the event will also provide a stage to forge international collaborations to fast-track the indigenisation process, thereby providing a thrust to Prime Minister Shri Narendra Modi-led Government’s resolve of making the country Viksit Bharat by 2047.

Addressing a press conference in Bengaluru on the eve of the event, Raksha Mantri described Aero India as a crucial platform, which will drive forward the Government’s vision of a strong, capable India, secure and self-reliant India. “Aero India is a platform that showcases the strength, resilience, and self-reliance of New India. It is not just crucial for India’s defence preparedness, but it also plays a pivotal role in shaping the future of our nation. It will demonstrate our defence capabilities and forge global partnerships. Our goal is to enhance collaboration in areas of common interest with our friendly nations, fostering deeper cooperation and shared progress. The event is not just a showcase of technology and innovation, but will also serve as a source of inspiration for our youth, fostering scientific temperament and a spirit of innovation,” he said.

Organised in a total area of over 42,000 sq m and with the confirmed participation of over 900 exhibitors, including 150 foreign companies, the event is set to be the biggest-ever Aero India till date. Shri Rajnath Singh termed the participation of more than 90 countries as a testament to the growing global confidence in India’s aerospace and defence capabilities. “Defence ministers or representatives from about 30 countries have come to participate in this event. The presence of Air Chiefs and Secretaries from 43 countries further highlights the significance of this event – not just for India, but for the entire international defence community,” he said.

Highlighting the transformation of the defence and aerospace sector in the recent years, Raksha Mantri asserted that, today, India is not only capable of designing and developing major platforms and equipment within India, it has also successfully established a vast supply chain within the country. “Advanced platforms like Light Combat Aircraft Tejas, Light Combat Helicopter Prachand and C-295 Transport Aircraft are now being produced in India. We have also taken a firm resolve to manufacture fifth-generation fighter aircraft within the country. From the advanced variants of the Agni missile, the Astra missile system, and the Pinaka missile system to the cutting-edge Hypersonic missile system and the Akash air defence system, we have built numerous success stories. These achievements have played a crucial role in strengthening our defence sector, making India more self-reliant and secure,” he said.

Shri Rajnath Singh added that post corporatisation of Ordnance Factory Board, the newly formed companies have started performing exceptionally well in defence production. “Under a well-considered and well-developed plan, we have actively worked to empower the private sector in the defence and aerospace industries. Today, India has a thriving private defence industry that has firmly established itself and is making significant contributions to our national security,” he said.

Raksha Mantri expressed confidence that defence production, having crossed the record figure of Rs 1.27 lakh crore, will exceed Rs 1.60 lakh crore by the end of 2025-26. Defence exports, which touched the record figure of Rs 21,000 crore, he said, will surpass Rs 30,000 crore.

Shri Rajnath Singh underlined the crucial role being played by the defence industrial sector in making India an economic super power. He stated that any breakthrough in the defence sector not only strengthens national security, but also impacts the economy. Technologies developed for defence applications promote innovation in the civil sector as well, leading to employment generation and economic development, he said. He termed Aero India a significant driver of economic strength, contributing to the overall growth and development of the economy. He expressed confidence that Aero India will be remembered as a historic milestone in India’s journey towards becoming a global leader in the aerospace and defence sector.

The 15th Aero India will be held between 10th and 14th February 2025. February 10th to 12th have been reserved as business days, with 13th & 14th set as public days for people to witness the show. The event comprises Defence Ministers’ Conclave; CEOs Roundtable; inauguration of India & iDEX Pavilions; Manthan iDEX event; Samarthya Indigenisation event; Valedictory function; seminars; breath-taking airshows and an exhibition of aerospace companies.

Defence Ministers’ Conclave

With the aim to strengthen defence cooperation with friendly nations amidst a rapidly-evolving global security landscape, Raksha Mantri will host the Defence Ministers’ Conclave on February 11 in hybrid mode. The theme this year ‘Building Resilience through International Defence and Global Engagement (BRIDGE)’ underscores the importance of supply chain resilience and strategic collaboration in defence.

The last edition witnessed the participation of 27 Defence Ministers and Deputy Defence Ministers alongside 15 Defence & Service Chiefs and 12 Permanent Secretaries. This year, the participation has expanded as representatives from more than 80 countries are likely to participate in the conclave. Approx. 30 Defence Ministers in addition to Defence/Service Chiefs and Permanent Secretaries from friendly nations will attend the event.

The conclave will provide a crucial platform to address key aspects such as Defence capacity building through investment, joint ventures & co-production, Collaboration in R&D, training & technological advancements in AI & space, Maritime security cooperation and strategic partnerships.

CEOs Roundtable

CEOs Roundtable 2025 will be chaired by Raksha Mantri on February 10, on the theme ‘Enabling Defence Cooperation through Global Engagement (EDGE)’. Over 100 Original Equipment Manufacturers (OEMs) have confirmed their participation in the event. These include 55 from 19 countries (USA, France, Russia, South Korea, UK, Japan, Israel & Brazil etc), 35 Indian (Larsen & Toubro, Bharat Forge Ltd, Adani Defence & Aerospace, Mahindra Defence Systems Ltd, BrahMos Aerospace & Ashok Leyland Defence) and 16 Defence Public Sector Undertakings (DPSUs). Shri Rajnath Singh had addressed over 73 CEOs of 28 Foreign OEMs and 45 Indian OEMs in the 2023 edition of the event.

Major foreign OEMs including Airbus (France), Ultra Maritime (USA), GNT (South Korea), John Cockerill Defence (UK), Mitsubishi (Japan), Rafael Advance Defence System (Israel), Safran (France) and Liebherr Aerospace (France) are expected to highlight their future plans, Joint Ventures, collaborations, partnerships with Indian companies for production of spares parts, development of aero-engines, setting up of Maintenance, Repair and Operations (MRO) facilities and establishment of R&D facilities etc.

India Pavilion

The India Pavilion will provide an opportunity to Indian Defence Industries to showcase their design, development, innovation and manufacturing capabilities. It will be inaugurated by Raksha Mantri on February 10. The grandeur show at India Pavilion would signify the ‘Flight of Self-Reliance’ which encapsulates India’s journey towards becoming a global aerospace and defence powerhouse.

India Pavilion will be divided into five distinct zones displaying indigenous capabilities in aero aviation, land aviation and naval aviation, def-space and niche technologies domains.  More than 275 exhibits will be at display through various mediums, represented by complete defence ecosystem of the country which includes DPSUs, design houses, private corporates including MSMEs and start-ups. The Central Area exhibits will include a striking display of marquee platforms including Advanced Medium Combat Aircraft, Combat Air Teaming System, Twin-Engine Deck-Based Fighter.

iDEX Pavilion

 The iDEX Pavilion will be inaugurated by Raksha Mantri on February 10. It will showcase cutting-edge indigenously developed products and technologies, marking a significant milestone in India’s defence innovation journey. Leading innovators will display their indigenously-developed products spanning a wide-range of advanced domains including Aerospace, DefSpace, Aero Structures, Anti-drone systems, Autonomous Systems, Robotics, Communication, Cybersecurity, Surveillance & Tracking, Unmanned Ground Vehicles etc. The Pavilion will also feature a dedicated section highlighting the winners of Acing Development of Innovative Technologies with iDEX (ADITI) scheme, showcasing their ground-breaking work in critical and niche technologies.

iDEX has successfully onboarded over 600 start-ups and MSMEs, marking a significant milestone in fostering innovation. Furthermore, 40 prototypes developed under iDEX have received official clearance for procurement, with 31 procurement contracts worth Rs 1,560 crore already signed.

Manthan

Manthan 2025, the flagship annual defence innovation event, will be graced by Raksha Mantri on February 12. Organised by Innovations for Defence Excellence – Defence Innovation Organisation (iDEX-DIO), the event will bring together stakeholders of the defence innovation ecosystem including innovators, industry leaders, academia, incubators, investors, thought leaders, senior government officials etc.

Manthan will deliberate on emerging challenges and opportunities in the sector, with a focus on supporting defence start-ups and MSMEs, enhancing innovation capabilities, and fostering strategic collaborations within the defence ecosystem. It stands as a testament to the scale and speed of iDEX, showcasing the rapid strides made in defence innovation and the pivotal role of start-ups in transforming India’s defence capabilities.

Samarthya

On the success story of indigenisation and innovation in the defence sector, an Indigenisation event on the theme ‘SAMARTHYA’ will be held on February 12 alongside the Valedictory function which will be graced by Raksha Mantri. This event is first-of-its-kind during Aero India, as it will showcase India’s indigenous ingenuity in defence manufacturing by demonstrating some of the major items indigenised by DPSUs, DRDO and Services with the involvement of the private sector.

Bilateral Meetings

Bilateral meetings at the levels of Raksha Mantri/Raksha Rajya Mantri/Chief of Defence Staff/Service Chiefs/Defence Secretary/Secretary (Defence Production) will take place on the sidelines of Aero India 2025.

Seminars

A number of seminars on a variety of topics will be organised as part of Aero India 2025. On February 11, Raksha Mantri is scheduled to address a seminar organised by the Indian Air Force on the theme ‘Manned Unmanned teams for Aerial Warfare – concept to targeting’ and another organised by DRDO on the theme ‘DRDO Industry Synergy towards Viksit Bharat’.

Other seminars on the themes – Mission DefSpace: From Vision to Reality – A Progress Report; Indigenous Development of Aerospace Materials: Strengthening India’s Self-Reliance; Transition to Aatmanirbhar Indian Naval Aviation 2047 and its associated ecosystem; Transformation of Maritime Aviation by Adopting Technological trends and Indigenisation; Aligning Technologies to Future Conflicts; and Investment Opportunities for Aerospace & Defence Manufacturers in Karnataka – will also be held as part of the event.

Historic First – Su-57 and F-35 at Aero India

For the first time in history, Aero India 2025 will witness the participation of two of the world’s most advanced fifth-generation fighter aircraft – the Russian Su-57 and the American F-35 Lightning II. It marks a milestone in global defence collaboration and technological advancement, offering aviation enthusiasts and defence experts an unparalleled prospect to witness these state-of-the-art warplanes.

  • Su-57: Russia’s premier stealth multirole fighter is designed for superior air superiority and strike capabilities. Equipped with advanced avionics, supercruise capability, and stealth technology, it is making its debut at Aero India 2025. Visitors can expect high-speed aerial manoeuvres and tactical demonstrations that highlight the fighter’s agility, stealth and firepower.
  • F-35 Lightning II: The Lockheed Martin F-35 Lightning II, the most widely-deployed fifth-generation fighter, integrates advanced stealth, unparalleled situational awareness and networked combat capabilities. Its presence at Aero India 2025 will enable visitors to witness the flagship of US Air Force.

The inclusion of both the Su-57 and F-35 highlights India’s position as a key hub for international defence and aerospace collaboration. Aero India 2025 will provide a rare side-by-side comparison of Eastern and Western fifth-generation fighter technology, offering defence analysts, military personnel and aviation enthusiasts valuable insights into their respective capabilities.

Visitor-Friendly Experience

With key infrastructure upgrades and improved amenities, Aero India 2025 promises to be bigger, smoother and more visitor-friendly than ever before.

  • Enhanced Infrastructure & Traffic Management: Recognising past challenges, extensive improvements have been made to facilitate seamless entry, movement and connectivity and there has been close coordination between Ministry of Defence, Indian Air Force (IAF), various arms of Karnataka State Government like Bengaluru Traffic Police, BBMP, NHAI, and Namma Metro. Approach roads have been widened to optimise traffic flow around Air Force Station Yelahanka so as to ease congestion and improve movement around the venue.
  • Security and Emergency Preparedness: Red drone zones have been designated and published with countermeasures in place to tackle unauthorised drone activity. Rapid Mobile Units will be deployed strategically to provide quick assistance and emergency support. Continuous mock drills with multiple agencies are being conducted to ensure practical and implementable contingency plans.
  • Exhibitor & Visitor Experience Enhancements: To enhance the experience for exhibitors and business delegates, the exhibition area has been revamped with several key upgrades:
  • Expanded and better-ventilated exhibition halls to accommodate more exhibitors and visitors comfortably.
  • Improved seating and rest zones throughout the venue.
  • Additional food courts and refreshment kiosks, including Indira Canteens (at parking areas).
  • Lost and found counters and ATM kiosks for visitor convenience.
  • Multiple water points, medical aid posts, and a dedicated cardiac aid post for emergencies, including medical evacuation.
  • Multi-Layered Security Measures: Ensuring the safety of all attendees, a multi-layered security system is being deployed in collaboration with the Ministry of Home Affairs, Bengaluru Police, CISF, and Intelligence Agencies. Measures include:
  • Enhanced security protocols and faster access control.
  • An operational Command and Control Centre for real-time responses to security concerns.
  • 24/7 CCTV monitoring for situational awareness.
  • Dedicated screening zones for visitors, exhibitors, and VIPs.
  • Disaster management and fire safety committees to handle emergencies.
  • Connectivity & Digital Infrastructure: To address connectivity challenges, all telecom service providers are deploying temporary mobile towers and network boosters for uninterrupted communication. A dedicated Aero India 2025 mobile app has also been launched which will provide live updates, navigation assistance, and event scheduling. Secure digital communication channels have also been established for coordination among agencies. Additionally, provisions have been made to support increased electricity demands during the event while ensuring safety.
  • Airspace Management & Demonstrations: Aero India demonstrations and aircraft movements are a major highlight of Aero India 2025. In coordination with AAI and HAL, the Indian Air Force has structured a dedicated Airspace management plan including:
  • Temporary flight restrictions around Aero India Force Station Yelahanka to maintain safety during scheduled demonstrations.
  • Strategic Aircraft parking and refuelling plans for domestic and international participants.
  • Business and Innovation Support: The Aero India provides a platform for collaborations and to facilitate B2B, G2B interactions and hosting roundtable discussions to showcase technological advancements. Special focus will be given to supporting start-ups and MSMEs by providing them with a global platform to present indigenous innovations.
  • Sustainability Initiatives: Aero India 2025 is committed to sustainability and has incorporated several eco-friendly measures in its conduct like:
  • Reduced vehicle movement to minimise pollution and enhance pedestrian comfort.
  • Exclusive use of more than 100 E Karts for movement of visitors in the exhibition venue.
  • Comprehensive waste management, including increased recycling bins, waste segregation zones, and timely disposal of waste.

With these multi-agency collaborations, Aero India 2025 is set to be one of the most well-coordinated and better organised editions to date.

Raksha Rajya Mantri Shri Sanjay Seth, Chief of Defence Staff & Secretary, Department of Military Affairs General Anil Chauhan, Chief Secretary, Government of Karnataka Dr Shalini Rajneesh, Secretary (Defence Production) Shri Sanjeev Kumar, Secretary, Department of Defence R&D and Chairman DRDO Dr Samir V Kamat, other senior officials of Ministry of Defence and industry leaders attended the curtain raiser press conference.

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India jumps to 48th place in international aviation safety ranking : DGCA.

India has jumped to the 48th position — its highest ever spot — in the global aviation safety ranking by the International Civil Aviation Organization (ICAO), the Directorate General of Civil Aviation (DGCA). Four years ago, the country was ranked at the 102nd position.

In the ranking, Singapore is at the top, followed by the UAE and South Korea at the second and third positions, respectively, the officials said.

The International Civil Aviation Organisation (ICAO) had last month audited the Indian Directorate General of Civil Aviation (DGCA) to check its effective implementation (El) of critical safety elements.

The higher ranking means that India has improved its air safety processes. Better aviation safety in home skies also allows Indian carriers to expand faster in overseas markets as permissions for new services are easier to get.

India jumps to 48th place in international aviation safety ranking : DGCA.

India has jumped to the 48th position — its highest ever spot — in the global aviation safety ranking by the International Civil Aviation Organization (ICAO), the Directorate General of Civil Aviation (DGCA). Four years ago, the country was ranked at the 102nd position.

In the ranking, Singapore is at the top, followed by the UAE and South Korea at the second and third positions, respectively, the officials said.

The International Civil Aviation Organisation (ICAO) had last month audited the Indian Directorate General of Civil Aviation (DGCA) to check its effective implementation (El) of critical safety elements.

The higher ranking means that India has improved its air safety processes. Better aviation safety in home skies also allows Indian carriers to expand faster in overseas markets as permissions for new services are easier to get.

Central Government to remove air fair cap from 31st august.

India will remove the fare caps it imposed on domestic airlines in 2020 during the COVID-19 pandemic from August 31, the country’s civil aviation ministry said on Wednesday, lifting restrictions on ticket prices. The government, in a rare move, had regulated fares by imposing a minimum and maximum band based on the flight’s duration to prevent ticket prices from spiking due to pent-up demand arising from restrictions on air travel easing. Given the current situation, airfares may go up as carriers as jet or aviation turbine fuel (ATF) prices have almost tripled in the last two years.

The ministry had imposed lower and upper limits on air fare after the resumption of services in May, 2020 following the two-month nationwide lock-down to contain the spread of Covid-19. Thereafter, the limits were relaxed in a phased manner as per the improvement in air traffic in the country. The lower caps were meant as a relief for airlines struggling after the pandemic. At the same time, the upper caps on air fare were fixed ensuring that passengers do not have to pay a hefty amount for air travel.

Earlier, discussions on removing the fare bands for domestic air fare were held among the stakeholders, including the government authorities and airlines. The airlines were of the view that removal of the pricing cap is required for the full-fledged recovery of domestic air traffic.

Central Government to remove air fair cap from 31st august.

India will remove the fare caps it imposed on domestic airlines in 2020 during the COVID-19 pandemic from August 31, the country’s civil aviation ministry said on Wednesday, lifting restrictions on ticket prices. The government, in a rare move, had regulated fares by imposing a minimum and maximum band based on the flight’s duration to prevent ticket prices from spiking due to pent-up demand arising from restrictions on air travel easing. Given the current situation, airfares may go up as carriers as jet or aviation turbine fuel (ATF) prices have almost tripled in the last two years.

The ministry had imposed lower and upper limits on air fare after the resumption of services in May, 2020 following the two-month nationwide lock-down to contain the spread of Covid-19. Thereafter, the limits were relaxed in a phased manner as per the improvement in air traffic in the country. The lower caps were meant as a relief for airlines struggling after the pandemic. At the same time, the upper caps on air fare were fixed ensuring that passengers do not have to pay a hefty amount for air travel.

Earlier, discussions on removing the fare bands for domestic air fare were held among the stakeholders, including the government authorities and airlines. The airlines were of the view that removal of the pricing cap is required for the full-fledged recovery of domestic air traffic.

The story of Air India

On 15th October 1932 Jehangir Ratanji Dadabhoy Tata, a prominent figure in Indian commerce, completed one of the most historical flights of Indian aviation, from Karachi to Bombay thus laying the foundation stone for Tata Air Services. What would later become of this venture, couldn’t possibly be foreseen by the founder himself. From Tata Air Services to Tata Airlines up until Air India, the story of this majestic airline is a long road full of twists and turns.
Tata Airlines was regarded as one of the most prosperous airlines in the world, gaining recognition from the United States and London to being an inspiration for Singapore Airlines as well. The experience, as described by travelers was one to remember. From an exquisite ambiance and top-notch cuisine to decorations of artworks, this airline was coined the “Palace in the sky”.


So what went wrong? Things took an unsettling turn when in 1953, the Government of India decided to nationalize the corporation. J.R.D. Tata was disheartened. Being an avid aviator himself, he was being asked to give up his dream, the company he founded. But, be as it may, Tata continued to be the Chairman of the airlines with little or no say in important matters. With the politicians and less experienced managers sitting at the top, the company’s downfall could have been easily predicted.


Air India went on to incur huge amounts of debts. In 2007 alone, the company bore a massive Rs. 541 crore loss, almost double of what another airline, Indian Airlines suffered. Since both of these companies were under the control of the government, to compensate for these losses it was decided to merge them into one, which would be known as National Aviation Co. of India Ltd.Even so, the government suffered major drawbacks, and could not reimburse its investors. Before this merger, the downfall of the airlines was already imminent. The poor leadership was unable to make wise decisions, and with unnecessary expenses and incompetency to manage the situation, the company suffered a total loss of 770 billion dollars.
This situation was finally put to bed by the government when it decided to privatize Air India in 2017. Over a long process of bidding and legal processes, finally, on 8th October 2021, the airline was sold to its original owner, the Tata group for Rs. 180 billion. Now we wait, and let the airline unfurl its fate. Will it emerge once again on the top, or will it keep scraping the bottom of the barrel? Only time will tell.

Steps taken to address the shortage of pilots

 The Government has taken several steps to address the shortage of pilots in the country. These include the following:

  1. The Airports Authority of India (AAI) has brought out a liberalised Flying Training Organisation (FTO) policy wherein the concept of airport royalty (revenue share payment by FTOs to AAI) has been abolished and land rentals have been significantly rationalised.
  2. AAI issued award letters on 31 May 2021 and 29 October 2021 for nine FTOs to be established at five airports i.e. two at Belagavi (Karnataka), two at Jalgaon (Maharashtra), two at Kalaburagi (Karnataka), two at Khajuraho (Madhya Pradesh) and one at Lilabari (Assam).
  3. DGCA has introduced Online-On Demand Examination (OLODE) for the Aircraft Maintenance Engineers (AME) and Flying Crew (FC) candidates with effect from November 2021. This facility allows candidates to choose the date and time from the available exam slots.
  4. DGCA has modified its regulations to empower Flying Instructors with the right to authorise flight operations at FTOs. This was hitherto restricted to the Chief Flying Instructor (CFI) or Deputy CFIs only.
  5. India’s largest flying academy – Indira Gandhi Rashtriya Udan Akademi (IGRUA) at Amethi (Uttar Pradesh) – has been permitted to carry out pilot training in Gondia (Maharashtra) and Kalaburagi (Karnataka) to enhance its flying hours and aircraft utilisation, which get severely affected during winter months due to low visibility. IGRUA has commenced operating on weekends and all holidays. It completed 19,019 flying hours during the year 2021 as compared to 15,137 hours in the pre-Covid year 2019, an increase of over 25%.

The number of CPL holders produced by Indian FTOs in 2021 is 504 which is higher than the 430 CPLs holders produced by Indian FTOs in the pre-Covid year 2019.

This information was given by the Minister of State in the Ministry Of Civil Aviation (Gen. (Dr) V. K.Singh (Retd) in a written reply to a question in Lok Sabha today.

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Impact of Covid-19 on the Corporate Sector in India



The impact of coronavirus pandemic on India has been largely disruptive in terms of economic activity as well as a loss of human lives. Almost all the sectors have been adversely affected as domestic demand and exports sharply plummeted with some notable exceptions where high growth was observed. An attempt is made to analyze the impact and possible solutions for some key sectors.


Food & Agriculture

Since agriculture is the backbone of the country and a part of the government announced essential category, the impact is likely to be low on both primary agricultural production and usage of agro-inputs. Several state governments have already allowed free movement of fruits, vegetables, milk etc. Online food grocery platforms are heavily impacted due to unclear restrictions on movements and stoppage of logistics vehicles. RBI and Finance Minister announced measures will help the industry and the employees in the short term. Insulating the rural food production areas in the coming weeks will hold a great answer to the macro impact of COVID-19 on Indian food sector as well as larger economy.


Aviation & Tourism

The contribution of the Aviation Sector and Tourism to our GDP stands at about 2.4% and 9.2% respectively. The Tourism sector served approximately 43 million people in FY 18-19. Aviation and Tourism were the first industries that were hit significantly by the pandemic. The common consensus seems to be that COVID will hit these industries harder than 9/11 and the Financial Crisis of 2008. These two industries have been dealing with severe cash flow issues since the start of the pandemic and are staring at a potential 38 million lay-offs, which translates to 70 per cent of the total workforce. The impact is going to fall on both, White and Blue collar jobs. According to IATO estimates, these industries may incur losses of about 85 billion Rupees due to travel restrictions. The Pandemic has also brought about a wave of innovation in the fields of contactless boarding and travel technologies.



Telecom

There has been a significant amount of changes in the telecom sector of India even before the Covid-19 due to brief price wars between the service providers. Most essential services and sectors have continued to run during the pandemic thanks to the implementation of the ‘work from home’ due to restrictions. With over 1 billion connections as of 2019, the telecom sector contributes about 6.5 per cent of GDP and employs almost 4 million people. Increased broadband usage had a direct impact and resulted in pressure on the network. Demand has been increased by about 10%. However, the Telco’s are bracing for a sharp drop in adding new subscribers. As a policy recommendation, the government can aid the sector by relaxing the regulatory compliances and provide moratorium for spectrum dues, which can be used for network expansions by the companies.


Pharmaceuticals

The pharmaceutical industry has been on the rise since the start of the Covid-19 pandemic, especially in India, the largest producer of generic drugs globally. With a market size of $55 billion during the beginning of 2020, it has been surging in India, exporting Hydroxychloroquine to the world, esp. to the US, UK, Canada, and the Middle-East.

There has been a recent rise in the prices of raw materials imported from China due to the pandemic. Generic drugs are the most impacted due to heavy reliance on imports, disrupted supply-chain, and labour unavailability in the industry, caused by social distancing. Simultaneously, the pharmaceutical industry is struggling because of the government-imposed bans on the export of critical drugs, equipment, and PPE kits to ensure sufficient quantities for the country. The increasing demand for these drugs, coupled with hindered accessibility is making things harder. Easing the financial stress on the pharmaceutical companies, tax-relaxations, and addressing the labour force shortage could be the differentiating factors in such a desperate time.


Oil and Gas

The Indian Oil & Gas industry is quite significant in the global context – it is the third-largest energy consumer only behind USA and Chine and contributes to 5.2% of the global oil demand. The complete lockdown across the country slowed down the demand of transport fuels (accounting for 2/3rd demand in oil & gas sector) as auto & industrial manufacturing declined and goods & passenger movement (both bulk & personal) fell. Though the crude prices dipped in this period, the government increased the excise and special excise duty to make up for the revenue loss, additionally, road cess was raised too. As a policy recommendation, the government may think of passing on the benefits of decreased crude prices to end consumers at retail outlets to stimulate demand.


Beyond Covid: The new normal

In view of the scale of disruption caused by the pandemic, it is evident that the current downturn is fundamentally different from recessions. The sudden shrinkage in demand & increased unemployment is going to alter the business landscape. Adopting new principles like ‘shift towards localization, cash conservation, supply chain resilience and innovation’ will help businesses in treading a new path in this uncertain environment.

Coronavirus (COVID-19), a virus that grew stealthily has become one of the deadliest viruses that are killing people worldwide. This virus took birth in Wuhan city of China and since then have traveled to more than 160 countries. The World Health Organization (WHO) has declared Coronavirus as a pandemic. It has become a mass scare and is leading to the deaths of thousands of people in numerous countries including China, Italy, Iran, Spain, the US, and many more. In India, this pandemic started on 30 January 2020 by affecting an individual who had a travel history from Wuhan, China.


The world economy is seeing its greatest fall ever. Coronavirus has largely impacted the growth of almost every country and is responsible for the slump in GDP worldwide. Like other countries, India is also impacted by this virus but not largely. Almost every industry sector has seen a fall in their sales and revenue. India’s GDP growth has fallen to 4.7% in the third quarter of 2020.


Inflation and Affected Industry:

China is one of the largest exporters of many raw materials to India. Shutting down of factories has damaged the supply chain resulting in a drastic surge in the prices of raw materials. Some of the other products that have seen a rise in their prices are gold, masks, sanitizers, smartphones, medicines, consumer durables, etc. The aviation sector and automobile companies are the hardest hit among the rest. With no airplane landings or take-offs globally and restricted travel has brought the aviation and travel industry to a halt.



Slump in Share market:
Share markets that include Sensex and Nifty are on nose dive since the occurrence of this pandemic (COVID-19). Sensex has declined close to 8000 points in a month. As of 12 March 2020, share market investors have lost approximately Rs. 33 lakh crore rupees in a month. This could be the beginning of a recession that the Indian market will never want to witness. Investors are advised to stay safe and invested in this virus-infected stock market. Few industries that can benefit from novel coronavirus during the time of the market crash are pharmaceuticals, healthcare, and Fast Moving Consumer Goods (FMCG).




Cash flow Issue:
Due to this outbreak, almost 80% of Indian companies have witnessed cash flow difficulty and over 50% of companies are facing operations issues. As per the Federation of Indian Chambers of Commerce and Industry (FICCI), 53% of companies are impacted by COVID-19. Slow economic activity is resulting in cash flow problems eventually impacting repayments, interest, taxes, etc.


Coronavirus (COVID-19), a virus that grew stealthily has become one of the deadliest viruses that are killing people worldwide. This virus took birth in Wuhan city of China and since then have traveled to more than 160 countries. The World Health Organization (WHO) has declared Coronavirus as a pandemic. It has become a mass scare and is leading to the deaths of thousands of people in numerous countries including China, Italy, Iran, Spain, the US, and many more. In India, this pandemic started on 30 January 2020 by affecting an individual who had a travel history from Wuhan, China.


The world economy is seeing its greatest fall ever. Coronavirus has largely impacted the growth of almost every country and is responsible for the slump in GDP worldwide. Like other countries, India is also impacted by this virus but not largely. Almost every industry sector has seen a fall in their sales and revenue. India’s GDP growth has fallen to 4.7% in the third quarter of 2020.


Efforts from CII and Govt. of India:
Confederation of Indian Industry (CII) has suggested the RBI reduce repo rate up to 50 basis points and also asked for a reduction of 50 basis points on the cash reserve ratio. The government is planning to set up an amount to support MSMEs to overcome the crisis during this phase of shut down, cash flow difficulty, and working capital issues.

Written by: Ananya Kaushal

Billionaire Investor Rakesh Jhunjhunwala Plans Ultra-Low Cost Airline

Billionaire investor Rakesh Jhunjhunwala is planning on having 70 aircraft within four years for a new airline he wants to set up in India on optimism more people will travel by air.

Mr Jhunjhunwala, who is considering investing $35 million and would own 40% of the carrier, expects to get a no-objection certificate from India’s aviation ministry in the next 15 days, he said in a Bloomberg Television interview Wednesday.

The ultra-low cost airline will be called Akasa Air and the team, which includes a former senior executive of Delta Air Lines Inc., is looking at planes that can carry 180 passengers, he said.

It’s a bold bet by Mr Jhunjhunwala, who’s known locally as India’s Warren Buffett, in a market that has seen some airlines collapse in the face of intense fare wars and high costs. Still, what was once the world’s fastest-growing aviation market holds an allure and Jhunjhunwala is looking at opportunities to woo flyers with a brand new carrier offering low fares.

“For the culture of a company to be frugal you’ve to start off fresh,” Mr Jhunjhunwala said. “I’m very, very bullish on India’s aviation sector in terms of demand.”

Even before the pandemic, airlines in India were struggling. Kingfisher Airlines Ltd., once the country’s second-largest domestic carrier, ended operations in 2012, and Jet Airways India Ltd., which was recently approved to fly again, collapsed in 2019.

While demand for air travel has been hit globally, India’s aviation industry is at greater risk of delayed recovery as the threat of a third wave of infections looms. Airlines are feeling the impact.

Vistara, which Singapore Airlines Ltd. jointly owns with conglomerate Tata Group, is in discussions with Boeing Co. and Airbus SE to delay aircraft deliveries and make changes to the payment timetables. IndiGo, India’s largest airline, reported a wider-than-anticipated loss as Covid disruption crimped its revenue.

That’s not deterring Mr Jhunjhunwala, who according to Forbes has an estimated net worth of about $4.6 billion.

“I think some of the increment players may not recover,” he said. “I’ve got some of the best airline people in the world as my partners.”