Sign In
Learn bits
Economy
Mahesh

25/07/23 06:37 AM IST

5th Helicopter & Small Aircraft Summit

In News
  • The 5th Helicopter & Small Aircraft Summit is to be jointly organised by the Ministry of Civil Aviation, Government of Madhya Pradesh, Pawan Hans Ltd. and the Federation of Indian Chambers of Commerce and Industry (FICCI) in Khajuraho, Madhya Pradesh.
About the Summit
  • Provide a common platform for all industry stakeholders, and policymakers to discuss the growth story of the Indian Helicopter and Small Aircraft industry.
  • Enhance the scope of the UDAN Scheme in remote and hilly terrains and expand the country's rural to urban connectivity.
  • Boost Helicopter & Small Aircraft connectivity to places with existing and potential tourism hotspots by providing uninterrupted services.
  • Helicopters and small aircraft play integral roles in India's transportation ecosystem.
  • Civilian helicopters contribute to improved accessibility, particularly in remote areas, while offering tremendous potential for tourism, allowing travellers to experience scenic landscapes and cultural destinations in unique ways.
    small aircrafts provide efficient and convenient transportation options for business and leisure travellers, enhancing regional air connectivity and promoting the exploration of lesser-known destinations.
  • The aviation and tourism industries mutually benefit from each other, fostering employment opportunities and driving economic growth across the country.
Significance
  • The Summit comes at a crucial time when the Indian civil aviation industry is undergoing a paradigm transformation.
  • The sector has now become the need of the hour not only for India but for humankind across the world as it always brings with it two important multipliers- the economic multiplier and the employment multiplier.
  • The 5th Heli Summit will bring industry stakeholders together to engage and collaborate with policymakers to implement efficient and rational decisions that would boost India’s civil aviation industry further.
Source- PIB

More Related Current Affairs View All

20 Jan

ILO report about international migrants

'International migrants reached 284.5 million, 255.7 million of them belong to the global working-age population (aged 15 and over).' International migrants are defined as perso

Read More

20 Jan

World Economic Forum

'The World Economic Forum (WEF) is holding its Annual Meeting from January 20 to 24 in Davos, Switzerland.' Attendees will include European Commission President Ursula von der L

Read More

20 Jan

SVAMITVA scheme

'Prime Minister Narendra Modi said once property cards under the Centre’s SVAMITVA scheme have been distributed in all the villages of the country, it could unlock economic a

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps