Another factor that has contributed to the growth of the Indian aviation industry is increased competition
The entry of low-cost carriers like IndiGo and SpiceJet has made air travel more affordable for a larger portion of the population
This has led to an increase in passenger traffic, particularly on domestic routes
The civil and military aviation industry in India emerged as one of the fastest-growing industries in the country in the past few years
According to the Indian government, the commercial aviation sector contributed USD 30 billion to India’s GDP in 2021
With this growth, the domestic aviation market is projected to rank third globally by 2024
Aviation in India, broadly divided into military and civil aviation, is the fastest-growing aviation market in the world (IATA data) and Bangalore with 65% national share is the largest aviation manufacturing hub of India
The India Aviation Market market is studied from 2016 - 2028. Read More
The India Aviation Market is projected to register a CAGR of 14.67% Read More
Increasing air passenger traffic and its recovery to pre-pandemic levels, coupled with replacing existing aircraft with advanced sustainable aircra...
Strong economic growth and the increasing middle-class population are fuelling air passenger traffic growth and generating demand for passenger air...
A fleet of narrowbody aircraft adds flexibility in terms of fleet management. It helps to reduce the airlines' operating costs, thereby resulting i...
Airbus SE,ATR,Dassault Aviation,Hindustan Aeronautics Limited and Lockheed Martin Corporation. are the major companies operating in India Aviation...
,×The Indian aviation industry is one of the fastest-growing industries in the country, with domestic traffic contributing around 69% of the total airline traffic in South Asia. The industry can be broadly classified into scheduled air transport service, non-scheduled air transport service, and air cargo service. India is currently the 7th largest civil aviation market in the world and is expected to become the third-largest within the next 10 years. The industry has recovered fully from the covid-19 pandemic shock. Indigo is the largest airline company in India with the highest market share. The aviation manufacturing hub of India is located in Bangalore. The Indian aviation industry is classified into two branches: Civil aviation and Military aviation. The commercial aviation sector contributed USD 30 billion to India’s GDP in 2021.Subsidiary of Tata Group
Subsidiary of Tata Group
