ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Direct employment in aviation, aeronautical mfg sector is 250,000: Minister

The direct employment in the aviation and aeronautical manufacturing sector is around 250,000 employees, Union Minister of State in the Ministry of Civil Aviation Gen (Dr) VK Singh (Retd) informed Lok Sabha earlier this week.

ANI Dec 25, 2022 12:40 IST googleads

Representative Image

New Delhi [India], December 25 (ANI): The direct employment in the aviation and aeronautical manufacturing sector is around 250,000 employees, Union Minister of State in the Ministry of Civil Aviation Gen (Dr) VK Singh (Retd) informed Lok Sabha earlier this week.
They include pilots, cabin crew, engineers, technicians, airport staff, ground handling, cargo, retail, security, administrative and sales staff.
Further, the minister, quoting the Airports Authority of India's projections, said, total all-India passengers in 2023-24, 2024-25, and 2025-26 are seen at 371 million, 412 million, and 453 million, respectively.
During the Covid-hit period, the hospitality and aviation sectors have been worst affected which has impacted the revenue and profitability of the stakeholders.
"The percentage growth of the airline sector in 2019-20 as compared to 2018-19 was 23 per cent (approx) and 2020-21 the growth was negative at -57 per cent (approx). However, the growth in Financial Year 2021-22 as compared to 2020-21 was 47 per cent (approx)," the minister said in his written reply. (ANI)

Get the App

What to Read Next

Business

Piyush Goyal meets global industry leaders to deepen trade ties

Piyush Goyal meets global industry leaders to deepen trade ties

The meetings were inclined towards bolstering India's manufacturing capabilities and deepening its integration into global supply chains. The discussions focused on expanding investment partnerships and enhancing India's role as a critical hub in the Indo-Pacific region.

Read More
Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

Adani Foundation to connect 10 lakh women nationwide

Adani Foundation to connect 10 lakh women nationwide

The Adani Foundation, today, declared that in the next one year, it will connect one lakh women in Maharashtra with the Swabhimaan initiative. For the future, Adani Foundation has announced to connect 10 lakh women in India with the same initiative and make them strong.

Read More
Business

India Emerging as Stable Investment Anchor in Turbulent Global

India Emerging as Stable Investment Anchor in Turbulent Global

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

Read More
Business

India pushes for green ship recycling, euro-compliant yards

India pushes for green ship recycling, euro-compliant yards

India is rapidly expanding its ship recycling sector and upgrading shipbreaking yards to meet European environmental standards, as part of a broader effort to strengthen its maritime industry and reduce logistics costs, Sushant Kumar Purohit, Chairperson of VO Chidambaranar Port Authority, said today.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.