Category: Area Updates
जेवर में बनेगा देश का सबसे बड़ा हवाई जहाजों की मरम्मत करने का वर्कशॉप, होगी आर्थिक बचत
हवाई जहाजों के इंजन की मरम्मत का काम ज़्यादातर सिंगापुर, श्रीलंका और दूसरे यूरोपीय देशों में कराया जाता है. लेकिन अब सरकार के इस कदम से एयर एवियशन (Air Aviation) कंपनियों को बड़ी राहत मिलेगी और आर्थिक बचत भी होगी.
http://hindi.news18.com/amp/news/business/yamuna-expressway-industrial-development-authority-set-up-a-civil-aircraft-maintenance-repair-and-overhaul-facility-near-noida-international-airport-dlnh-3444733.html
Noida International Airport has been conceived as the biggest civil airport project in Asia and among the top in the world. MRO complex is a preconceived plan that was incorporated in the techno feasibility study by PWC, PriceWaterHouseCoopers and is the basis of the for global bidding of this PPP model. http://environmentclearance.nic.in/writereaddata/online/EC/170620191KAW3B3CPFR.pdf
Now that Zurich AG is the selected PPP partner they are already activating this critical component see news;
Zurich AG planning to get Big Slice of $42 billion Aircraft Maintenance, Repair & Overhaul via AMRO Business to Jewar Airport, by developing AMRO complex, the first in North India, this will add to the commerce and well paid jobs on Yamuna E-Way and residents of our society will benifit most due to proximity.
As per plan it can be assumed that if Jewar gets even 20% of MRO business as it stands today it will be about 1500 cr and create 6000 jobs. assuming a multipleir factor of 4 on 1500 cr.
According to Airbus, the Indian Aircraft Service Market vuz AMRO to Grow to $6.3billion by 2025. TOI Reports
About MRO WORLD WIDE BUSINESS
Worldwide AMRO business is approx about $110 billion.https://www.statista.com/statistics/278372/revenue-of-commercial-airlines-worldwide/
India’s 2020 AMRO business is approx about $1.5 billion, out of which 90% is done out of India.
As per Boeing estimates this is to grow about $45 Billion by year 2040, meaning annual Indian Growth would be about $2 Billion.
Extract from The 2nd Aerospace Defence MRO South-Asia Summit 2019 held in DELHI in January 2020
According to Boeing sources, Indian economy is projected to grow by nearly 350 per cent over the next two decades to become the third largest economy in the world. India’s unprecedented domestic passenger traffic and rapidly expanding low-cost carriers (LCCs) will drive the need for 2,300 new jets which will be valued at $320billion over the next 20 years.
Airlines end up spending 13 to 15% of their cost for MRO, making it the second highest cost item after fuel. In India about 90% MRO work is done outside due to very few facilities here, however the developing MRO industry in India is estimated to grow at a CAGR of 10% by 2020.
Please check more information on
https://www.aviation-defence-universe.com/mro-association-of-india-announces-aero-mro-india-ad-2019/
https://en.wikipedia.org/wiki/Indian_MRO_Industry
As per National Civil Aviation Policy 2016 Viz NCAP, the Indian Goverment wants to reverse this and would allow foreign Airlines to send their Aircrafts to India for MRO. The Government has already granted Industry status to MRO.
http://employmentnews.gov.in/newemp/MoreContentNew.aspx?n=Editorial&k=66
The Government has proposed to promote the growth of Indian aviation sector in a significant manner as the development of this sector has a multiplier effect on the economy. As per a International Civil Aviation Organisation (ICAO) study, the output multiplier and employment multiplier are 3.25 and 6.10 respectively. The aim of the Government is to provide an ecosystem for the harmonised growth of various aviation subsectors, i.e Airlines, Airports, Cargo, Maintenance Repairs and Overhaul services (MRO), General Aviation, Aerospace Manufacturing, Skill Development, etc.
https://www.civilaviation.gov.in/sites/default/files/Final_NCAP_2016_15-06-2016-2_1.pdf
https://en.wikipedia.org/wiki/Indian_MRO_Industry
Noida Airport will complement IGI: Daniel Bircher, CEO, Zurich Airport Asia
Read more at:
https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/noida-airport-will-complement-igi-daniel-bircher-ceo-zurich-airport-asia/articleshow/72409665.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
https://hindi.news18.com/news/uttar-pradesh/greater-noida-villagers-to-get-relief-for-assets-on-acquired-land-for-jewar-airport-from-february-nodvkj-2817145.html
Jewar airport: Total cost of land acquisition is Rs 4,500 cr, says BN Singh, District Magistrate, GB Nagar
A few days after the Gautam Buddh District Administration transferred 1,334 hectares of land required for the first phase of Jewar Airport project to the Yamuna Expressway Industrial Development Authority (YEIDA), BN Singh, District Magistrate, GB Nagar, told Moneycontrol that the told cost of land acquisition, compensation and rehabilitation for the mega airport project is Rs 4,500 crore.
“The district administration on January 27 transferred the last parcel of land acquired for Jewar airport to the Yamuna Authority. In total, 1,334 hectares of land has been transferred in the first phase. This acquisition was done in record time of just about six months. This is perhaps the fastest ever under the new Act,” said Singh, adding that about Rs 3,060 crore have already been disbursed as compensation to farmers.
As for the way forward, he said the next challenge would be to give compensation against assets acquired.
“In case somebody is not willing to take up the job (option), we will have to give Rs 5 lakh per adult. That process will be completed within a month or so. The third phase will be re-habilitate and resettle these people for which we have identified the place Jewar Banger. It is about 48 hectares of land. The process is on. The rehabilitation and resettlement process should be over in the next one-and-half years
The mega project will definitely boost the real estate market in the region, he told Moneycontrol.
“This district was an industrial area. Both the activities (industrial and real estate) have stagnated. This mega infrastructure activity combined with the dedicated freight corridor, which is coming up in Dadri and is going to be a logistics hub, will give a fillip to all such activities, including real estate and industry,” he said.
Commenting on the circle rates in the area, Singh said: “Economic slowdown hurt the circle rates in areas where the land parcels were acquired for the development of the airport. However, we made sure we give the best price to the farmers.”
The collector decides on the circle rate every August under various categories – residential, commercial, institutional and industrial. “The circle rate of the area was not increased this year because of the overall slowdown in the market. Transactions had slowed down and therefore the circumstances were not conducive to increasing the circle rates,” he said.
“Despite slowdown, we did not reduce the circle rates as we did not want the compensation to farmers to be impacted. To ensure there was no loss to the farmers, we did not reduce the circle rates in the area,” he added.
It should be mentioned here that some farmers in six villages — Ranhera, Rohi, Parohi, Kishorpur, Dayanatpur and Banwaribas — had approached the Allahabad high court, seeking higher compensation for their land. While the administration has offered a price of Rs 2,500 per square metres, some farmers have demanded that they should get Rs 3,600 per square metres.
“The compensation amount for those landowners, who did not accept compensation, has been deposited with the land acquisition, rehabilitation and resettlement tribunal set up in the district as per the Section 76/77 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013,” he said.
Going forward, the land will have to be handed over to Zurich International AG to develop the first phase of the project. The total land required for the entire project is 5,000 hectares. A special purpose vehicle Yamuna International Airport Private Limited (YIAPL) has been constituted to execute the Jewar airport project.
https://www.moneycontrol.com/news/business/real-estate/jewar-airport-total-cost-of-land-acquisition-is-rs-4500-cr-says-bn-singh-district-magistrategb-nagar-4876781.html
Farmers claimed that the sale of plots around the airport project site and around the road that connects Jewar with neighbouring district Bulandshahr is on an all-time high.
NOIDA Updated: Aug 14, 2019 00:56 IST
As the work on Noida International Greenfield airport project picks up some pace, real estate developers are illegally selling plots for housing projects around the Jewar airport site, local farmers alleged.
Farmers claimed that the sale of plots around the airport project site and around the road that connects Jewar with neighbouring district Bulandshahr is on an all-time high. They further alleged that Yamuna Expressway Industrial Development Authority(Yeida) had failed to check the illegal plot sales.
“The 2km long stretch along the Bulandshahr-Jewar road, between Yamuna Expressway and Jewar town, has become home to mushrooming illegal housing projects and the authority is doing nothing,” Mukesh Singh, a resident of Ranhera village, said.
According to the Uttar Pradesh Industrial Act 1976, selling of residential plots or developing a housing project on agricultural land notified by the state is unauthorized.
In 2017, some property agents had started selling the land where the Jewar airport is proposed to be built. Yeida had then filed FIRs against the suspected developers and stopped the sales. Officials rule permit only the Yeida to carve out residential areas in the area and sell the plots for residential use.
However, as the authorities have started acquiring land from farmers in the area for the project, the illegal sale of plots seems to be back in business again.
On August 6 this year, the Yeida and the Gautam Budh Nagar administration started taking possession of the agricultural land in six villages— Ranhera, Parohi, Rohi, Kishorpu, Dayanatpur and Banwariwas. The UP government on October 30, 2018, had notified the acquisition of 1,239.14 hectare land for the development of the airport in these six villages in the first phase of the project.
The Noida International Airport Limited has started levelling soil in Ranhera village as part of taking over the land’s possession. The move seems to have ignited hope among real estate consultant that the development of the airport could provide them with opportunities for business.
Real estate consultants are approaching people through short text messages, phone calls and have also put up hoardings on Jewar-Bulandshahr road to lure potential customers. Residents around the area allege that depending upon the location, developers are selling a 100 square metres plot between₹8 to ₹15 lakh depending upon the location. The rates are, however, not fixed.
“It depends on how well you negotiate with a broker while purchasing a plot. There is no fixed rate as the sale follows no regulations. Those behind the unauthorized plot sales are either from Delhi or Haryana and also includes some local people who have land near the airport site. We see people taking interest in these sales as they feel the airport will help them in providing a good return over investment,” Davendra Sharma, a farmer leader from Banwarivas village, said.
While farmers allege that illegal sale of plots is rampant in Jewar, Dankaur, Rabupura, Bankapur and other nearby villages, Yeida officials said they have already initiated action in the matter and are adopting stricter measures to check any unauthorized sales.
“We have issued notices to six persons, who were involved in the illegal sale of plots and construction under section 10 of UP industrial developmental act-1976. They have submitted their reply in response to our notice. But their response was unsatisfactory and we also found that they there were developing housing localities without any permission,” Navneet Goyal, officer on special duty, Yeida, said.” Later, we submitted complaints with the police for registering cases against them. But at the Jewar police station, the police did not file an FIR against the six. We are now writing to senior superintendent of police asking for an immediate FIR against the six developers.”
Goyal said he has received various complaints, from Jewar, Gopalpur, Dankaur and other villages, of illegal plot sale and construction near the airport site. “We will take strong action against those involved in this illegal act. They cannot develop illegal colonies or sell plot like this,” he said.
Senior superintendent of police Vaibhav Krishan refused to comment on why no FIR has been registered in the matter till now.
