Private jet owners to get their own airport and runways in India
By Vipin Agnihotri
We at The India Street are always in look out for exclusive stories so that our readers can get the first hand news. Keeping with this tradition, our sources has tell us that private jet owners in India might be allowed their own airport and runways in the near future. The Indian government is working overtime on a policy that will make it possible soon.
In my opinion, this is quite a decent move from the government especially when one take into consideration the fact that there is a growing number of private jets in the country. Point to be noted here is that the Directorate General of Civil Aviation plans to set up separate terminals for private jet owners in metros. On the other hand, in smaller towns, a private airport and an airstrip might be granted permission.
At this moment of time, there are around 130 private jets in the country. According to experts, this number is going to increase further in the coming years. CEOs who own at least one private jet include Mukesh Ambani of Reliance Industries, Anil Ambani of Reliance ADAG, Vijay Mallya of the UB Group, G. Mallikarjuna Rao of GMR Industries and K. P. Singh of DLF.
With the Indian economy on a high, there is hardly a surprise that India has emerged as a key market for private jet manufacturers who are focusing companies in the real estate business, SEZ developers and hoteliers. With Indian companies expanding globally, CEOs are realizing that private jets not only offer them the much-needed comfort, but also convenience.
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