Business Jets Dominate Indian 'Dialogue on Luxury'

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As India continues its transformation into a world economic power, the societal changes it is undergoing are of consuming interest to a country that still relies on ancient methods of doing things in many sectors. So, for the second year, the Economic Times has hosted a conference called The Dialogue On Luxury, and there really weren't many surprises in what the speakers had to say. It seems that as people achieve success in India, they, like the wealthy everywhere else, want unlimited and convenient mobility. Eurocopter South Asia sales director Ludovic Boistot told the conference: "Indians with their changing lifestyle are now increasingly opting for business jets. The demand is definitely growing."

Although Indian jet owners use them mainly for business, there are signs that more personal purposes for their ownership are gaining favor. "Currently, in India people buy private jets so that they can visit their factories and offices in remote areas, not for a trip to Vaishno Devi, though the potential for religious tourism is there." Club One Air CEO Manav Singh told the Times. Others at the conference noted the lack of aviation infrastructure in India. Although the country of a billion has 400 airports, only 91 are in use, according to the Economic Times.