The civil aviation market in India is all set to become the world's third largest by 2020. During April-October 2017, domestic airlines carried over 171.1million passengers.
In India, the low-cost airlines such as IndiGo, SpiceJet and GoAir has have played a major role in this extraordinary expansion of aviation over the past 10 years.
The Government of India has launched regional connectivity scheme named UDAN (Ude Desh ka Aam Nagrik) to boost the business.
The Airports Authority of India (AAI) aims to bring around 250 airports under operation across the country by 2020. By 2020, passenger traffic at Indian airports is expected to increase to 421 million.
Allowing private companies participation through Public – Private Partnership (PPP) Model.
Allowing FDI in Aviation Sector.
Freight Traffic on airports in India is expected to cross 11.4 million tonnes by 2032.
Growth in Imports and Exports is the key factor for growth in Freight Traffic as 30 percent of the total trade happens via airways