India, fourth largest economy in the world is looking forward for the FIATA World Congress 2018 to offer its take on purchasing power. FIATA World Congress 2018 shall take place in the capital city of New Delhi, (Aerocity) at Pullman Hotel from the 26th – 29th September, 2018.
The government of India has put in place a liberal and transparent FDI policy which is widely reckoned to be among the most liberal in the emerging economies and FDI up to 100% is allowed under the automatic
route in most sectors and activities. Foreign direct investment is allowed in almost all sectors even including defence. In addition to FDI, Foreign Institutional Investment (FII) is also flowing into India. Eligible institutional investors that can register as FIIs - AMCs, Pension Funds, MFs, Banks, Investment Trusts,
Nominee Companies, Incorporated/Institutional Portfolio Managers, power of attorney holders, university funds,
endowment foundations, charitable trusts and charitable societies.
Each of the Indian state and union territory of India is blessed with several investment opportunities depending on their geographical location and availability of natural resources. Respective state Governments are taking progressive steps such as development of powerful infrastructure and formulating conducive and stable policies to harness the same .The state Governments have devised investor friendly policies in terms of incentives and concessions offered for several sectors such as biotechnology, infrastructure and information technology among others to promote FDI into their respective states.
The business opportunities in Indian logistics showcases and attracts many facets in Railways, road transport, aviation, port and shipping.
Just to give a synopsis Indian Railways, the third largest railway network in the world is under a single management.7,500 railway stations, 9,549 locomotives, 55,339 passenger coaches, 239,321 freight cars and
64,600 route km. India operates 12,000 passenger trains every day and 7,000 freight trains. It transports 2.8 million tonnes of freight traffic and 25 million passengers every day.Current Initiative by Government – Rigorous plan and expansion of DEDICATED FREIGHT CORRIDORS.
India has emerged as the world’s ninth largest civil aviation market .Passenger throughput at Indian Airports during 2011-2012 was 162 million, of which 122 million or about 75 per cent were domestic passengers and the rest international. Total freight traffic handled by Indian airports has increased at a CAGR of about 9.2 per cent in the last 11 years to reach 2.28 MMT by 2012. Domestic cargo, buoyed by increasing domestic trade, has grown at a pace of 8.4 per cent, while international cargo grew at nearly 9 Percent.
Port and Shipping
About 95 per cent of india’s trade volume (around 70 per cent in terms of value) is moved by sea India’s maritime sector comprises ports, shipping, ship -building and ship repair, as well as inland
water transport systems.India has 12 Major Ports and 200 notified non-Major Ports along the coastline and islands During 2011-12, total cargo handled by Major and non-Major ports was 914 million tonnes with the 13 Major
Ports handling nearly 61 per cent of it—560 million tonnes .The period from 1990-91 to 2011-12 witnessed an overall traffic CAGR of 8.6 per cent with traffic at the Major Ports and non-Major Ports growing at 6.4 per cent and at about 18 per cent respectively.
Road & Road Transport
The total road length increased from about 400,000 km to 4.7 million km between 1951 and 2011. Surfaced roads increased from 157,000 km to around 2.5 million km. Road density in India is now nearly 1.42 km per sq km, which compares favourably with many countries. Surfaced road length accounted for 54 per cent of total road length in 2011, compared with 39 per cent in 1951.The length of National Highways with two lanes increased from 25,395 km in 1996 to 41,518 km in 2012, and those with four lanes and above from 1,170 km to 17,774 km. During the same period, the combined network of State Highways and other PWD Roads posted a seven fold expansion in length with a CAGR of 3.2 per cent. The length of National Highways with two lanes increased from 25,395 km in 1996 to 41,518 km in 2012, and those with four lanes and above from 1,170 km to 17,774 km. During the same period, the combined network of State Highways and other PWD Roads posted a seven-fold expansion in length with a CAGR of 3.2 per cent. India has one of the largest merchant shipping fleets among developing countries and is ranked 16th in the
world in terms of gross tonnage under its flag. A market still to grow with great Potential.
India welcomes you all to come and explore the opportunities it has to offer not only in business but also engages and connects you with your soul. A multicultural nation, a land of diversity and opportunity. We welcome you all to a land where we believe in ‘Athiti Devo Bhava’ – The Guest is equivalent to God.