Wednesday 5 September 2012
Last Update 5 September 2012 3:40 pm
Expansion of an efficient civil aviation sector is important for India as it becomes increasingly linked to global commerce and tourism. The National Council of Applied Economic Research (NCAER) undertook a study on the economic impact of Emirates Airline's operations on the Indian economy.
The study highlights the inter-linkages between the civil aviation sector with other sectors in the economy and generation of income and employment through these linkages. Pronab Sen, principal advisor in the planning Commission released the study titled “Emirates in India - Assessment of Economic Impact and Regional Benefits” at a function organized by NCAER on Monday.
The findings of the study are based on the data obtained from Emirates and sources from India's official statistics.
Shekhar Shah, director general, NCAER, said: "A well-managed civil aviation infrastructure and efficiently-run, competitive airlines are a must in today's globalized world.
The presence of such infrastructure and airlines in India can bring down transport and communication costs. The new NCAER study was done for Emirates Airline quantifies the airlines' impact on the economy.
This is the first comprehensive study of its kind. We've studied four impacts — first, the direct contribution of airline operations on the Indian economy; second, the indirect contribution of aviation to other sectors through multiplier effects; third, the generation of jobs in India; and fourth, contributions through the tourist dollars earned. We've also looked at the regional benefits that accrue to smaller cities when they are linked to India's major air hubs."
Shah added that he was grateful to the NCAER team, led by Tushar Nandi for the tremendous work that has gone into doing this study and to Emirates for sponsoring the work.
"India is a central pillar in Emirate's global network, said Andrew Parker, Emirates SVP of public, industry, international and environmental affairs."
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