The Indian civil Aviation.html industry is on a high growth trajectory. India has a vision of becoming the third largest Aviation.html market by 2020 and is expected to be the largest by 2030.
The civil Aviation.html industry in India has ushered in a new era of expansion driven by factors such as low-cost carriers (LCC), modern airports, foreign direct investments (FDI) in domestic airlines, cutting edge information technology (IT) interventions and a growing emphasis on regional connectivity. In terms of market size, the Indian civil Aviation.html industry is amongst the top 10 in the world with a size of around US$ 16 billion.
There is large untapped potential for growth in the Indian Aviation.html industry due to the fact that access to Aviation.html is still a dream for nearly 99.5 per cent of its large population, nearly 40 per cent of which is the upwardly mobile middle class. It is critical for the industry stakeholders to engage and collaborate with the policy makers to come up with efficient and rational decisions that will shape the future of the Indian civil Aviation.html industry. With the right policies and a relentless focus on quality, cost and passenger interest, India would be well placed to achieve its vision of becoming the third largest Aviation.html market by 2020 and the largest by 2030.