4th Heli-India Summit 2022

About:

• During the summit the Minister announced 3 new projects for enhancing the helicopter sector in the country which includes HEMS and fractional ownership.

Helicopter Emergency Medical Services (HEMS) 

• It is called Project Sanjeevani by deploying a helicopter in the next few weeks to provide emergency medical services at AIIMS Rishikesh. 
• The helicopter will be based at the hospital at 20 minute notice and will have a service cover to an area of 150 km radius.

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Fractional Ownership Model

• It helps to grow the non-scheduled operations.
• It will lower the barrier on the cost of acquisition of helicopters and airplanes through pooled capital by multiple owners.
• This will allow companies and individuals to minimize their capital outflow by sharing the purchase cost, reducing their exposure to risks and making it financially easier to run a NSOP business. 

Theme: ‘Helicopters for Last Mile Connectivity’.

Source : PIB