Goan skies, sun-sand, beaches and GMR

Assocham Bulletin - - CHAMBER INTERACTIONS -

Carl Sa­gan once said all birds can't fly, what sep­a­rates the fly­ers from walk­ers is the abil­ity to take off.! While birds have nests, trees and bushes to take off, air­ports are the abodes of 'fly­ing birds' (planes) for smooth take-offs and land­ings. GMRhas been the pioneer in pro­vid­ing a per­fect plat­form for aero­planes and pas­sen­gers a has­sle-free and smooth travel to far off places. Air­ports are the nodal points to make peo­ple meet and dis­tances now are no longer mea­sured in kilo­me­ters but in hours. GMR helps in re­duc­ing dis­tances be­tween peo­ple and helps strangers to be­come friends and has the never-end­ing ca­pac­ity to achieve the im­pos­si­ble.

GMR in its re­lent­less pur­suits to bring skies closerto pas­sen­gers has touched an­other mile­stone by win­ning the bid for de­vel­op­ment and op­er­a­tion ofMopa Green­field Air­port in North Goa. Goa, known for its beau­ti­ful beaches and a paradise for tourists both from for­eign and do­mes­tic, would fur­ther elim­i­nate dis­tances for tourists and the air­port would help in­crease tourists in­flow once the air­port be­comes op­er­a­tional. Goa thus now gets the ad­di­tional airspace for air­lin­ers to boost tourism. Avi­a­tion map is sure to change the tour­sist des­ti­na­tion in the days to come with more air­ports com­ing up all over the coun­try.

On 8th Novem­ber, 2016 GMR In­fras­truc­ture Limited has signed the Con­ces­sion Agree­ment with Govern­ment of Goa for the de­vel­op­ment and op­er­a­tion of north Goa's Green­field In­ter­na­tional Air­port at Mopa. The agree­ment was signed by Mr. RV She shan, CEO, GMR Goa In­ter­na­tional Air­port Limited (GGIAL) and Mr RK Sri­vas­tava, Chief Sec­re­tary, Govern­ment of Goa in the pres­ence ofMr Laxmikant Yash­want Parsekar, Hon'ble Chief Min­is­ter of Goa, Mr. Srini­vas Bom­mi­dala, Chair­man-Air­ports, GMRGroup and other dig­ni­taries.

Fol­low­ing this, on 13th Novem­ber, 2016, herald­ing a ma­jor eco­nomic boost to In­dia's fa­mous tourist city Goa, Hon'ble Prime Min­is­ter Shri Naren­dra Modi has laid the foun­da­tion stone of the Goa In­ter­na­tional Air­port at Mopa in North Goa in pres­ence of sev­eral cabi­net and state min­is­ters and dig­ni­taries.

Mr. Srini­vas Bom­mi­dala,

Chair­man Air­ports, GMR Group, aptly de­scribed GMR bag­ging the bid. "We are de­lighted to have won the bid and ex­cited about the project and the op­por­tu­nity to part­ner with the Govern­ment of Goa. World­wide air­ports have been the eco­nomic en­gine of the Coun­try/Re­gion, and Delhi Air­port has tremen­dously boosted not only the In­dia's econ­omy but also the Delhi State econ­omy. GMR Group very humbly takes pride in be­ing the cus­to­di­ans of th­ese na­tional as­sets thus con­tribut­ing to­wards our Hon'ble Prime Min­is­ter Shri Naren­dra Modi's vi­sion of de­vel­op­ing a pro­gres­sive In­dia.

Goa is the marquee beach tourist des­ti­na­tion of In­dia. Given our vast ex­pe­ri­ence in the air­port space, we are con­fi­dent that we will de­liver an air­port which not only re­flects the rich cul­tural her­itage & ethos of Goa but also aug­ments Goa's stand­ing as the lead­ing tourist des­ti­na­tion of choice in Asia while boost­ing jobs for the lo­cal com­mu­nity and bring­ing eco­nomic ben­e­fits to the state of Goa".

De­vel­op­ing and mak­ing air­ports op­er­a­tional is not new for GMR. It has mas­tered the skills in run­ning Indira Gandhi In­ter­na­tional Air­port in Delhi, which is cur­rently ranked World's No.1 air­port in its cat­e­gory as well as the Hy­der­abad air­port, which has been con­sis­tently ranked among World's top three air­ports in its cat­e­gory over the last 7 years. It will not be out of place to re­it­er­ate the feat of con­struct­ing the Delhi air­port's Ter­mi­nal 3 in 37 months and Istanbul's Sabiha Gok­cen air­port in 18 months, which are world records. GMR In­fras­truc­ture in part­ner­ship with Me­gaw­ide Con­struc­tiqn Cor­po­ra­tion is also de­vel­op­ing Mac­tan Cebu In­ter­na­tional Air­port ( MCIA) in Philip­pines.

The last 10 years were quite event­ful for the Group. While it had cre­ated his­tory by suc­cess­fully de­vel­op­ing and op­er­at­ing Delhi and Hy­der­abad air­ports in In­dia, it did not re­strict it­self within the coun­try. Spread­ing its wings over­seas the in­fras­truc­ture ma­jor had also gath­ered in­ter­na­tional ex­pe­ri­ences.

The IGIA at Delhi truly show­cases many ma­jes­tic and breath­tak­ing vi­gnettes of not only hu­man lives but it also playa key role in giv­ing fil­lip to the na­tion's econ­omy. Mo­dem air­ports are re­quired to man­age mul­ti­ple facets of func­tions that re­late to op­er­a­tional, en­vi­ron­men­tal, tech­no­log­i­cal and com­mer­cial needs. While there will al­ways be new air­ports be­ing planned and de­liv­ered glob­ally, there is still a vast ma­jor­ity of air­ports that need ren­o­va­tion, ex­pan­sion and mod­ern­iza­tion. Mod­erni­sa­tion of air­ports is one of the main in­gre­di­ents for coun­try's eco­nomic growth. This also sig­nif­i­cantly im­pacts the so­cio-eco­nomic growth of a state which gets a new mo­dem air­port. The Mopa air­port once de­vel­oped in four years also would open a new vista of em­ploy­ment op­por­tu­ni­ties and up­lift the GDP of the state, econ­omy of which is largely de­pen­dent on tourism.

Air­ports al­low for con­nec­tiv­ity, mo­bil­ity and they gen­er­ate jobs and in­creased rev­enue for busi­nesses. They are, in fact, en­gines of coun­try's eco­nomic growth. In­dia is among the five fastest -grow­ing avi­a­tion mar­kets glob­ally with 275 mil­lion new pas­sen­gers added and will dis­place the UK as the third largest in 2026, ac­cord­ing to pro­jec­tions. In­dia sees steep rise in do­mes­tic fre­quen­cies and ac­cord­ing to In­ter­na­tional Air Trans­port As­so­ci­a­tion (IATA), a lobby group that rep­re­sents nearly 260 air­lines, com­pris­ing 83% of global air traf­fic.

Avi­a­tion traf­fic re­ported ro­bust growth over the first decade of this cen­tury. In FY2015, the coun­try wit­nessed pas­sen­ger move­ment of 190 mil­lion (mn) with the IS-year com­pounded an­nual growth rate (CAGR) at 11.4%, air­craft move­ment of 1.6 mn (8.8%) and cargo move­ment of 2.5 mn tonnes (8.1%), mak­ing it a ma­jor avi­a­tion cen­tre glob­ally.

To­day GMR Group is one of the big­gest in­fras­truc­ture con­glom­er­ate in In­dia with its global ex­per­tise and in­ter­ests in Air­port, En­ergy, Trans­porta­tion and Ur­ban In­fras­truc­ture. The group has 15 power gen­er­a­tion projects of which ten are op­er­a­tional and five are un­der de­vel­op­ment; nine op­er­at­ing road as­sets and a dou­ble rail track line be­tween Mughal­sarai-New Bhaupur (Kan­pur) of East­ern Ded­i­cated Freight Cor­ri­dor un­der de­vel­op­ment.

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