As India has emerged as the one of the fastest growing civil aviation markets of the world, it is time that the government take steps to make the aviation sector globally competitive beginning with reduction on its tax structure, the head of a low-cost airline has said.
Ajay Singh, Chairman and Managing Director, SpiceJet, in an interview to PTI rued that the civil aviation sector in India is highly taxed and identified it as one of the major stumbling blocks in making it globally competitive.
“I think lowering of taxes and looking at aviation in a holistic sense as a job creator, as something that connects India to itself and to the world. It’s important that we take a more holistic approach to aviation,” he said Singh was in Washington DC last week as part of a business delegation that accompanied Union Finance Minister Nirmala Sitharaman who was here to attend the annual meeting of the International Monetary Fund and the World Bank.
