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The Bright Future of India’s Aviation Industry

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Sameer Dogra
The Bright Future of India’s Aviation Industry

In the last three years, the civil aviation industry in India has emerged as one of the fastest-growing industries in the country.

India is now considered the third-largest domestic aviation market in the world and is expected to overtake the United Kingdom to become the third-largest air passenger market by 2024.

Some of the key investments and developments in India’s aviation industry include:

In the next four years, India’s aviation industry is expected to witness Rs 35,000 crore (US$ 4.99 billion) investment.

By 2026, the Indian government plans to invest US$ 1.83 billion as a part of the development planning of airport infrastructure along with aviation navigation services

In January 2019, the Government of India began working on a blueprint to promote domestic manufacturing of aircraft and aircraft financing within the country.

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Sameer Dogra
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