Aviation Industry

A rising proportion of middle-income households, healthy competition amongst Low-Cost Carriers, infrastructure buildup at leading airports and a supportive policy framework have given a positive push to the aviation sector.

The nation’s airplane fleet is projected to quadruple in size to approximately 2500 airplanes by 2038. Currently, the country has 130 operational airports including 29 international, 91 domestic, and 10 custom airports. To augment the airport infrastructure the government aims to develop 100 airports by 2024 (under the UDAN Scheme)  and expects to invest $1.83 bn in the development of airport infrastructure by 2026.

Credits: Deepali Singh and Nivika Kapoor

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