Business
Commercial pilot license programmes at MYFLEDGE empowers aspiring pilots with ‘The Wings To Fly’
One of the fastest growing industries in the country today is the Civil Aviation Industry. It has become the third largest domestic aviation market in the world. In the next four years, this industry is going to witness tremendous growth with the development of airport infrastructure and the aviation navigation services are expected to develop multifold by 2026.
In the current economic situation, finding the perfect job that accelerates your career is a challenge. The aviation industry hardly disappoints enthusiasts. Good pilots are always sought after because this is a creme-de-la-creme niche, eligibility for which has a narrow window. Pilots are also the highest paid personnel in the Aviation sector. The biggest paradox here is many enthusiastic aspirants dreaming of soaring in the sky, shy away from pursuing this dream along with worries of eligibility. Some shy away, thinking that the trade-off between flight training costs and the immediate starting pay is not as rewarding as their dream. Some desert their dream as it takes too long to reach the apex level of the aviation hierarchy. Some list out location constraints, while some say it is the lack of good training.
Piyalee Chatterjee Ghosh busts these myths with her encouraging reply to aspiring pilots, saying, “Aviation is a career where you should not focus on the next 12 months, but instead on the next 40 years. The cumulative remuneration and growth beat any other career avenue.” She adds, “It takes a minimum of two years to train a pilot, more likely three. There are also stipulated requirements for re-training at several milestones. That is exactly what makes the job more gratifying. The opportunity to keep learning what you love and keep getting better at it is always there”.
The industry is thriving with India making commercial pilot licenses easier and faster to acquire to beat the shortage in airlines. India is estimated to have nearly 8,000 pilots for over 650 commercial aircraft fleets. The growth rate of the commercial aircraft fleet has led to an increase in the demand for over 28,000 pilots over the next two decades. There are over 400 expat pilots in India. Pilots themselves appear to be reasonably optimistic about medium- term job prospects. A poll of 2,600 commercial pilots was carried out last October by recruitment agency GOOSE with Flight Global Poll which indicated that 72 per cent think the industry will recover to its 2019 peak within three years. Two in three believe that by the middle of the decade, there will be a shortage of pilots.
Then there are a few who wonder how they can access quality training at their nearest location at the most competitive cost. Commercial Pilot License Program by Fledge Institute of Aviation and Hospitality powered by MyFledge, addresses the same and gives you the best in the aviation industry.
After working in the industry for a decade, Piyalee started Fledge Institute of Aviation and Hospitality in 2015. Since then, MyFledge has built a fleet of institutions that empowers Indian youth with skills to navigate a steady career in the aviation industry. Pioneered in the heart of India’s Silicon City, Bangalore, the group has specialised in aviation and hospitality skill learning. Over the past seven years, MyFledge has actively trained and placed over 2,600 students in Aviation, Hospitality, Cabin Crew, and Customer Service at various airline and airport companies. MyFledge has developed a world-class curriculum that fits the current demand of the aviation sector with the support of NSDC’s Aerospace and Aviation Sector Skill Council (AASSC). When it comes to coaching and training, Founder Piyalee Chatterjee Ghosh has proven expertise. She and her team of able mentors ensure that students experience a holistic learning environment that nurtures their inherent talents.
Aviation Master Trainer, Piyalee Chatterjee Ghosh recently conducted her first training session as a Master Trainer to over 60 pilot trainers across India in a 6-day workshop conducted by the government of India. It was an initiative by the AASSC.
MyFledge has adopted a training methodology inspired by European and Singaporean skill training institutes. Students are given a holistic approach to facing adversities and adapting to changes. The state-of-the-art study centers are in Guwahati, Mangalore, Raipur, Bhopal, Lucknow, Bangalore, and Mumbai. The organisation aims to open 50 new centers in early 2022 after unfolding its franchisee model. This movement aims to reach every service sector aspirant in India at their locatio
Business
Adani Power signs pact to supply 2,400 MW power to Bihar

New Delhi, Sep 13: In a significant development, Adani Power Ltd (APL) has signed a 25-year power supply agreement with Bihar State Power Generation Company Ltd (BSPGCL) to supply 2,400 megawatt (MW) of power to the state, the Adani Group’s firm said on Saturday.
Under the agreement, the India’s largest private sector thermal power generator would supply the proposed power from a greenfield ultra super critical plant to be set up at Pirpainti in Bhagalpur district of Bihar.
The development came after a Letter of Award (LoA) by BSPGCL to APL, on behalf of North Bihar Power Distribution Company Ltd (NBPDCL) and South Bihar Power Distribution Company Ltd (SBPDCL) in August.
Adani Power won the project by offering the lowest supply rate at Rs 6.075 per kWh.
“The company is planning to invest approximately $3 billion to build the new plant (800 MW X 3) and its supporting infrastructure under the Design, Build, Finance, Own, and Operate (DBFOO) model,” the APL informed.
The coal linkage for the power plant has been allocated under the SHAKTI Policy of the government of India.
During the construction phase, the project will generate around 10,000 to 12,000 direct and indirect employment. Once it becomes operational, it will employ 3,000 people.
APL aims to commission the plant in 60 months.
Earlier, in a first-of-its-kind adoption of the greenshoe option in a thermal power tender in India, APL was awarded a total of 1,600 MW capacity by MP Power Management Company Limited (MPPMCL).
The company received a LoA from MPPMCL, awarding 800 MW additional capacity under the ‘Greenshoe Option’.
Both units (800MW x 2) in Anuppur district, Madhya Pradesh, will be commissioned within 60 months of the appointed date.
APL said that it will invest around Rs 21,000 crore towards setting up the plant and related infrastructure.
The project is expected to generate direct and indirect employment of 9,000-10,000 during the construction phase, and 2,000 once in operation.
Business
Stock market ends week on positive note, clock 8 consecutive session gains despite uncertainties

Mumbai, Sep 12: The Indian equity indices ended the week on a positive note on Friday, maintaining the winning streak for the eight consecutive trading sessions despite geo-political uncertainties.
Optimism over a potential rate cut by the US Fed, positive developments in India-US trade talks and buying in defence stocks fueled the market sentiment.
Sensex settled the session at 81,904.70, up 355.97 points or 0.44 per cent. The 30-share index started trading with a decent gap-up at 81,758.95 against last day’s closing of 81,548.73. The index extended the momentum further amid positive global cues to hit an intraday high at 81,992.85.
Nifty closed at 25,114.0, up 108.50 points or 0.43 per cent.
The national market closed at a three-week high, supported by renewed global optimism over a potential Fed rate cut. Sentiments improved further on reports that the EU may reject U.S. tariff proposals on India for buying Russian oil, analysts said.
Progress in the US-India trade talks is also expected to keep the positive momentum intact in the near term. The defence sector outperformed, aided by the Indian procurement authorities beginning negotiations for six next-generation conventional submarines, analysts added.
BEL, Bajaj Finance, Bajaj FinServ, Axis Bank, Maruti, Tata Motors, ICICI Bank, L&T, Infosys, and PowerGrid were the top gainers from the Sensex basket. Eternal, Hindustan Unilever, Trent, Asian Paint, Bharati Airtel and ITC settled lower.
The majority of sectoral indices settled higher. Nifty Fin Services jumped 184 points or 0.70 per cent, Nifty Bank escalated 139 points or 0.26 per cent, Nifty Auto increased 122 points or 0.46 per cent, and Nifty IT settled the session 107 points or 0.3 per cent. Nifty FMCG fell.
Broader indices followed suit as well. Nifty Smallcap 100 moved 114 points or 0.64 per cent, Nifty Midcap 100 jumped 183 points or 0.32 per cent, and Nifty 100 closed 106 points or 0.41 per cent.
Rupee traded positively with gains of 0.18 per cent at 88.27 as mixed FII inflows supported sentiment.
“The dollar index remained weak below 98, providing additional strength to the rupee, while ongoing trade deal talks with the US also added optimism. Weakness in crude prices offered further minor support,” said Jateen Trivedi f LKP Securities.
Overall, the rupee looks set to gain some lost ground with scope to test 87.75 in the coming days, while 88.50 is seen as a reversal resistance zone, he added.
Business
Icelandic collaboration to further boost India’s Blue Economy

New Delhi, Sep 12: India and Iceland are set to enhance collaboration in fisheries and aquaculture, emphasising sustainable practices, zero-waste models, technology transfer and cluster-based development, the government said on Friday.
An Indian delegation, led by Dr. Abhilaksh Likhi, Secretary of the Department of Fisheries, completed a three-day official visit in Iceland’s Reykjavík to strengthen bilateral cooperation through strategic partnerships, investment promotion, and innovation exchange, an official statement said.
Likhi met with senior representatives of the Iceland Ocean Cluster and discussed cooperative innovation in fish processing, value addition, traceability, and certification. BRIM and Hampiðjan, leading Icelandic companies, provided insights into their advanced zero-waste models and cutting-edge processing technologies.
“Both sides explored investment opportunities for the Icelandic seafood processing industry in India, along with ways to deepen business-to-business (B2B) linkages,” the statement said.
The delegation also visited MATIS, Iceland’s top food and biotech R&D institute, to discuss cooperation in biotechnology, food safety, and marine resource utilisation. The visit opened new avenues for collaboration in research and technology transfer to bolster India’s fisheries value chain, the release added.
Emphasis was also laid on training and capacity building in deep-sea fishing technologies, alongside the adoption of advanced vessel monitoring and surveillance (VMS) systems, the ministry of Fisheries said.
The two sides explored opportunities in deep-sea fishing technologies, vessel monitoring systems, trout farming, and tuna innovations for India’s islands.
The government has adopted a cluster-based development model under the PMMSY, with 34 clusters notified so far. The cluster-based approach enhances competitiveness and efficiency by uniting geographically connected enterprises of all sizes – micro, small, medium, and large-across the entire value chain, from production to exports.
The country’s total fish production has grown by 104 per cent from 96 lakh tonnes in 2013–14 to 195 lakh tonnes in 2024–25, as inland fisheries expanded by 142 per cent for the same period from 61 lakh tonnes to 147.37 lakh tonnes, according to government data.
India stands as the second largest fish producing nation in the world, contributing around 8 per cent of global output.
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