Emirates Airline contributes US$596m to the Indian economy
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The National Council of Applied Economic Research (NCAER) recently undertook a study on the economic impact of Emirates Airline’s operations on the Indian economy. The study highlights the inter-linkages between civil aviation sector with other sectors in the economy and generation of income and employment through these linkages. Dr Pronab Sen, Principal Advisor in the planning Commission released the study titled ‘Emirates in India – Assessment of Economic Impact and Regional Benefits’. The findings of the study are based on the data obtained from Emirates and sources from India’s official statistics.
As per the study, Emirates contributed US$596m to the Indian Economy by way of US$274m in the Air Transport sector. The airline directly employs 1045 employees and supports a total of 72323 jobs in India through its operations – with 9304 jobs being direct employment impact and 63019 jobs being indirect employment impact.
On the tourism front, Emirates has brought in 529928 foreign tourists into the country in FY 2010-11, as a result of which, US$1153m has been contributed to the economy as Foreign Exchange Earning (FEE). The study also suggests that Emirates’ expansion to four additional points: Amritsar, Pune, Mangalore and Trichy would benefit the Indian economy by $106m and would also lead to the creation of 13,011 jobs.