The potential of the Indian aviation industry is largely untapped and offers tremendous growth booster opportunities. The Ministry of Civil Aviation, Govt. of India plans and intends to promote the country’s sports sector. India has the potential to position itself among the top nations as a “preferred global hub” in the world of air sports. The set-up of aero-sport activities & new flying training organizations (FTOs) is expected to grow at a CAGR of 31.5% over the next 5 years.
Besides commercial attractiveness, the air sports activities have opened the multiple channels for the growth of travel, tourism, hospitality, and infrastructure, and jump-start the interest in technology adoption within the population. This incremental growth in the sector has witnessed the demand for new infrastructure including aircraft for aspiring pilots.
A growth-oriented National Air Sports Policy (NASP) covers all the air sports such as skydiving, gliding, vintage aircraft, Amateur-built, experimental aircraft, Aeromodelling, drones, Hang gliding, and paragliding, Micro lighting, and paramotoring & aerobatics would give an edge for the investors to establish themselves as one of the player ensuring the safer investments. This regulated initiative has the potential to attract investments in the latest aero sports technology and infrastructure and implement WW best practices to accomplish India’s vision of India as one of the top air sports nations by 2030.
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To win this league, ORA’s consultants, Research & Intelligence propose the GTM India aero-sport strategy & execution plan from 360 purviews ensuring financial, commercial & operational excellence.
How can ORA collaborate?
§Competitive intelligence and SWOT analysis
§RoI strategy
§Marketing strategy
§GTM strategy- High priority action items from strategy to leads: Identifying the growing and diversifying aerospace Cluster, ESG compliant etc.
•Commercial viability assessment across
air-sports
•Purchase & Procurement
•Draft & Filing the regulatory documents e.g. in Import and Registration of aircraft, operation, and maintenance.
•Site identification & selection
•Time to market/launch
•End to end operationalization & implementation
•Staff sourcing and management
•Marketing & RoI strategy
•Pricing strategy etc.
•Life cycle management strategy
•Partnership with regional partners
•Consumer profiling- usage and attitudes
•Building air-fields
•Risk-mitigation strategies
•Equipment assembling
•Operationalization in less than 3 months
•Custom duty waiver, Lower GST etc.