logo
IndiGo to start direct flights to London, Athens, 8 other overseas cities this fiscal: CEO Elbers

IndiGo to start direct flights to London, Athens, 8 other overseas cities this fiscal: CEO Elbers

Minta day ago

IndiGo will start direct flights to London, Athens and eight other overseas cities in the current financial year as the country's largest airline continues with international expansion and expects to have more than 600 aircraft in its fleet by FY30.
There is an enormous opportunity in Indian aviation where rising demand is supported by infrastructure expansion. There is an unmatched growth leading to doubling of passengers from 2025 to 2030 and that the rising demand is supported by infrastructure expansion, airline CEO Pieter Elbers said at a briefing in the national capital.
While flights to Manchester (UK) and Amsterdam (the Netherlands) from Mumbai will commence in July, the airline will connect eight more overseas destinations -- London (UK), Athens (Greece), Copenhagen (Denmark), Siem Reap (Cambodia) and four places in Central Asia.
The airline is leasing six Boeing 787-9 aircraft from Norse Atlantic Airways for its international operations.
When asked about the growth and way forward for IndiGo, which has been flying for over 18 years, Elbers told PTI Videos, "picture abhi baaki hai".
IndiGo will start operating direct flights from Mumbai to Manchester and Amsterdam with the leased Boeing 787-9 aircraft in July, and the services to the UK city will also mark the airline's long haul debut.
A USD 10 billion-revenue company, IndiGo flies to more than 90 domestic and 40 international destinations. It operates over 2,300 flights daily with a fleet of more than 430 planes.
With the airline expanding international operations, Elbers said there is also an enormous opportunity to build India as a great place for connecting flights as he highlighted about the country's potential to become an international hub.
Currently, Indian carriers account for 45 per cent of India's international traffic while the remaining 55 per cent is served by overseas airlines, Elbers said. Also Read | 'Traindigo': Viral video of man selling chai on IndiGo flight gives netizens Indian Railways's vibes | Watch
He also said the airline has the highest number of female pilots at around 15 per cent of the total pilot strength.
While mentioning that IndiGo has partnerships with different airlines, Elbers said, "we have no short term ambitions or no ambitions actually at this point in time to move into an alliance".
Meanwhile, IndiGo will also be hosting the 81st Annual General Meeting of the International Air Transport Association (IATA) in the national capital in June. The AGM is taking place in India after 42 years.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

With stiffer tariffs on a neighbouring country, India now more competitive; could boost furniture exports: Swapneel Nagarkar, Business Head and Executive VP at Godrej Interio
With stiffer tariffs on a neighbouring country, India now more competitive; could boost furniture exports: Swapneel Nagarkar, Business Head and Executive VP at Godrej Interio

Indian Express

timean hour ago

  • Indian Express

With stiffer tariffs on a neighbouring country, India now more competitive; could boost furniture exports: Swapneel Nagarkar, Business Head and Executive VP at Godrej Interio

In a conversation with The Indian Express, SWAPNEEL NAGARKAR, business head and executive vice president at Godrej Interio, discussed global trade dynamics, India's quality control order (QCO) on furniture products, and trends in domestic demand. Nagarkar, who also chairs the Confederation of Indian Industry (CII) Task Force on Furniture, said India's furniture standards have been framed keeping consumer interest in mind. Edited excerpts: The US is India's largest furniture export market. Given recent tariff-related developments, where do you see things headed in the near future? We're confident the Indian government will resolve tariff issues with the US amicably, so business continuity shouldn't be affected. In fact, with stiffer tariffs on a neighbouring country and some others, India is now more competitive — creating an opportunity to increase exports. Most Indian exports are wooden furniture, especially carved pieces from Rajasthan, which see strong demand abroad. Meanwhile, India's domestic furniture market is vast — estimated at around Rs 2 lakh crore, including both organised and unorganised players. It's also highly fragmented, so as an industry, our current focus is on streamlining and better addressing domestic demand alongside growing exports. As India negotiates trade agreements with Europe and the US, there has been some pushback on certain quality control orders (QCOs), including the one on furniture products. How should we navigate this? When FTAs are discussed, it's important that both countries uphold quality standards. India hadn't effectively modernised furniture-related standards. But, in the last few years, the government has taken a positive step — this process has either been completed or is nearing completion in several categories. Once the QCO is in effect, BIS standards will become applicable. Then, furniture exported to India as well as domestically manufactured furniture will need to comply with these standards. Exporters from other countries can get BIS certification to ensure compliance. As per our information, inspecting authorities have been visiting major foreign suppliers to assess and certify them under BIS norms. When Indian suppliers are exporting to other countries, they have to adhere to foreign standards, because standards are governed by the way furniture is used in those countries. Similarly, today, India has created standards based on our country's requirements and it is for everybody to comply with them. Concerns have been raised in global forums that India's furniture standards may pose limitations on design… Godrej has played an active role in formulating these standards, along with 6-7 other domestic furniture players, including some MSMEs, and international players. I can say with confidence that the standards are not limiting in any way, except one — they require furniture to last at least 4-5 years — a fair and reasonable expectation for protecting the interest of customers. Based on that, tests for durability, load-bearing, and usage cycles have been defined, but there are no constraints on design or other creative aspects for any country. Do you think India's largely informal furniture sector, especially MSMEs, will struggle to become QCO-compliant? What kind of support can industry bodies or the government provide to help them comply? MSMEs shouldn't face major challenges in meeting the new standards. A key focus of the government and CII is ensuring easy, affordable access to testing facilities for all players. The industry, including MSMEs, is working collaboratively with authorities to address issues like lab availability and logistics. Recognising their scale and exposure, MSMEs have also been given a compliance timeline of additional six months. These steps aim to address their concerns so that they properly come onboard. Did the furniture industry witness a consumption slowdown last year? Let me break this into B2B (business-to-business) and B2C (business-to-consumer), as they behaved quite differently. Last year, B2B furniture saw strong tailwinds, driven by healthy space absorption — 7-8 million sq ft more than the previous year. In contrast, B2C faced a slowdown, particularly in the second half, which is the more critical half for business for everybody. This was largely due to challenges with disposable incomes among the middle class. As a result, the overall industry did not experience much growth in the second half. That said, the shift toward organised players continued, and Godrej managed to grow 12-14 per cent last year. Looking ahead, there's positive anticipation. With inflation under control, a stable macro environment, and a good monsoon forecast, demand in the B2C segment is expected to improve. The industry could see 4-5 per cent growth on a large base. What kind of furniture are Indians buying furniture these days? How are they doing it? The Indian furniture market is divided into premium and non-premium segments. The premium segment is fairly insulated from the variability of the economy. Premium buyers are increasingly seeking tech-integrated, lifestyle-supporting furniture — like beds with remote-controlled storage or sofas with charging ports. They also value personalisation, often working with professionals for home interiors. Godrej addresses this through component-based, modular solutions that can be reconfigured later, like its Upmods range. In the economy segment, customers typically buy single functional pieces. To serve them better, especially younger online shoppers, Godrej has strengthened its digital presence. From a historically offline model, it now delivers to 18,000 pin codes through online channels, ensuring wider access across India. Online now accounts for 10 per cent of our B2C sales — it's growing, but 90 per cent remains offline. Given India's diversity, offline will continue to matter, and the path ahead is clearly omnichannel. As a division, we're around Rs 3,800 crore in revenue. Of this, B2B products contribute roughly Rs 1,400 crore, B2C products about Rs 1,200 crore, and the balance comes from B2B projects, including interiors and audiovisual solutions. How are furniture manufacturers responding to growing calls for sustainability, especially around timber sourcing? Sustainability is only going to grow in importance, and we're seeing strong national-level efforts, with active support from CII. Godrej has long championed this cause — 60-65 per cent of our product portfolio is now green certified, and 45 per cent of our division's revenue last year came from such products. That said, awareness is stronger in the B2B segment, where buyers demand sustainability certifications for furniture and interiors. In B2C, awareness is still evolving. While some evolved consumers do look for green credentials, it's not yet widespread. We believe it's our responsibility to raise awareness and ensure that sustainability becomes central to the buying decision, especially as we remain accountable to future generations. Aggam Walia is a Correspondent at The Indian Express, reporting on power, renewables, and mining. His work unpacks intricate ties between corporations, government, and policy, often relying on documents sourced via the RTI Act. Off the beat, he enjoys running through Delhi's parks and forests, walking to places, and cooking pasta. ... Read More

KTR lays focus on upskilling
KTR lays focus on upskilling

Time of India

time3 hours ago

  • Time of India

KTR lays focus on upskilling

Hyderabad: BRS working president asserted that his commitment to the development of Telangana goes beyond political power. "India First, Telangana First – this is not just a slogan, it's our policy direction to promote state's interests on global platforms," he said. Tired of too many ads? go ad free now Speaking after inaugurating the Pragmatic Design Solutions Limited (PDSL) Knowledge Centre at the University of Warwick, UK, the former minister said the BRS govt transformed Hyderabad into one of India's premier automotive hubs. "Under the BRS regime, Hyderabad stood shoulder-to-shoulder with Pune and Chennai as a leading centre for the automotive industry," he said. Rama Rao credited this transformation to the party's progressive industrial policies and visionary planning. Extending his vision beyond research and development, KTR said that Telangana must aim to become the number one destination for automobile manufacturing as well. He reminded that Telangana was the first Indian state to host the prestigious Formula-E race, which underscored the state's commitment to innovation in the mobility sector. "Our govt envisioned and worked towards creating a Mobility Valley to attract global investment and build a strong automotive ecosystem," he said. The BRS leader explained how Telangana emerged as a magnet for global investments during the party's tenure in office. He recalled how global tech majors such as Google, Amazon, and Facebook established their largest campuses in Hyderabad under the BRS govt. "In just nine years, Telangana made remarkable strides in IT jobs, exports, infrastructure, and innovation. That momentum must continue," he said. KTR called upon India's youth and industries to adapt to the rapidly changing global landscape. "Our youth are proving their mettle across sectors — be it IT, life sciences, or automobiles. But to stay ahead, constant upskilling is essential," he advised. KTR urged educational institutions, companies, and govts to invest in skilling and re-skilling programmes that respond to future challenges.

How an airline co-founder made an INR30k crore exit
How an airline co-founder made an INR30k crore exit

Economic Times

time3 hours ago

  • Economic Times

How an airline co-founder made an INR30k crore exit

He termed IndiGo a 'paan ki dukaan'. Still made INR30k crore by selling its shares Rakesh Gangwal's shareholding in IndiGo, once as high as 36.61%, has come down to approximately 7.81% today. Ever since his fallout with co-founder Rahul Bhatia over governance standards in 2022, Gangwal distanced himself from the airline's operations and strategy making. Still, he made handsome gains as IndiGo kept its growth promise. Tech company CEO shown the FONT SIZE SAVE PRINT COMMENT Refer & Earn

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store