Ready for Take-off
Business Today India|March 16, 2025
Total passenger traffic has grown from around 120 million to over 236 million per annum. Indian aviation sector continues to soar, and the best is yet to come
- AMBER DUBEY
Ready for Take-off

OVER THE LAST DECADE, Indian aviation has taken a significant leap. The number of airports has more than doubled—from 74 to nearly 160. Total passenger traffic has grown from around 120 million to over 236 million per annum. Aircraft fleet has doubled from around 400 to over 800 and is likely to cross 1,500 by 2030. In 2024, India's domestic traffic grew by 6%, the highest in the world after China. India has overtaken Spain and the UK to become the third largest aviation market.

With the planned opening of airports at Jewar and Navi Mumbai, and the expansion of major airports nearing completion, the 'Summer of 2025' is expected to be memorable. This may have a multiplier effect on associated sub-sectors like cargo, Air Navigation Services (ANS), Maintenance, Repair and Overhaul (MRO), ground services, IT systems, and retail, boosting investments and employment.

THE TAILWINDS

To draw the interiors of India onto the aviation grid, the National Civil Aviation Policy (NCAP 2016) launched several initiatives: the most prominent being the Regional Connectivity Scheme-Ude Desh ka Aam Naagrik (RCS-UDAN). Over 15 million passengers have flown on UDAN routes as of January 2025.

The leasing of India's leading airports to the private sector in the last two decades led to a significant transformation. Privatisation of the national carrier has helped in substantial capital infusion, fleet augmentation and improved quality of service.

GLOBAL HUB BY 2030

Indian carriers are now focusing on expanding their reach beyond India's borders, especially on long-haul routes. The combined efforts of the government, industry and associated stakeholders create a strong platform for India to become a global aviation hub by 2030.

Here are some initiatives that can make this potential a reality.

この蚘事は Business Today India の March 16, 2025 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Business Today India の March 16, 2025 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

BUSINESS TODAY INDIAのその他の蚘事すべお衚瀺
VINE TO VINO
Business Today India

VINE TO VINO

Calling all wine lovers to explore India's wine trails and vineries

time-read
4 分  |
March 16, 2025
TIGHT FINISHES AT TOLLY
Business Today India

TIGHT FINISHES AT TOLLY

RAZOR-SHARP COMPETITION WAS THE ORDER OF THE DAY FOR ROYAL RANTHAMBORE BT GOLF'S KOLKATA LEG AT THE HISTORIC TOLLYGUNGE CLUB

time-read
2 分  |
March 16, 2025
Helping More Indians Fly
Business Today India

Helping More Indians Fly

We need to think and dream big, and combine that with flawless and speedy execution, accompanied by deep reforms

time-read
7 分  |
March 16, 2025
Fighting The Dragon
Business Today India

Fighting The Dragon

China's subsidies and export strategy have accelerated its dominance in the EV space. Amid fears of EV 'dumping', can India withstand the Chinese onslaught?

time-read
7 分  |
March 16, 2025
Buckle up for the Ride of a Lifetime
Business Today India

Buckle up for the Ride of a Lifetime

Many IPOs flunked, while several fell below ethical governance standards, and quite a few bombed. However, the capital markets have their own way of self-regulating excesses

time-read
5 分  |
March 16, 2025
❝Slow down but stay involved"
Business Today India

❝Slow down but stay involved"

IndiQube provides flexible workspaces

time-read
1 min  |
March 16, 2025
Ready for Take-off
Business Today India

Ready for Take-off

Total passenger traffic has grown from around 120 million to over 236 million per annum. Indian aviation sector continues to soar, and the best is yet to come

time-read
4 分  |
March 16, 2025
BURMANS IN CONTROL
Business Today India

BURMANS IN CONTROL

After a long battle, the Burman family has seized control of Religare. It needs to infuse money and get it back on track

time-read
3 分  |
March 16, 2025
Reimagining India's Public Sector
Business Today India

Reimagining India's Public Sector

India's policies since 1991 have been to get government out of business' way. Robust public sector is needed for providing basic needs equitably

time-read
3 分  |
March 16, 2025
No Theme Lasts Forever
Business Today India

No Theme Lasts Forever

A sensible investment strategy involves ignoring the noise and using a systematic criterion to pick assets. A good investment strategy can be boring

time-read
4 分  |
March 16, 2025