Indian Aviation, flying high
India is now the third largest and fastest growing aviation market in terms of domestic tickets sold.
India has 91 international carriers comprising of 5 Indian carriers and 86 foreign carriers, which ensure that India is well connected with most major countries. Revenue passenger kilometre (RPK) in domestic airline demand growth of 18.6% in 2018 was three times the global RPK growth of 6.5%.
- Indian carriers are projected to increase their fleet size to 1,200 aircraft by 2024.
- Freight traffic on Indian airports is expected to cross 11.4 MT by 2032.
- Government agencies projects requirement of around 250 brownfield and green-field airports by 2020.
- India is the fastest-growing aviation market and is expected to cater to 520 mn passengers by 2037.
- India has been projected to be the second-fastest-growing country in the world for passenger traffic by the Airports Council International (ACI) in its traffic forecasts between 2017-40.
- Demand for aircraft in India is expected to be 1,750 by 2037.
Up to 100% FDI is permitted in Non-scheduled air transport services under the automatic route.
Up to 100% FDI is permitted in helicopter services and seaplanes under the automatic route.
Up to 100% FDI is permitted in MRO for maintenance and repair organizations; flying training institutes; and technical training institutes under the automatic route.
Up to 100% FDI is permitted in Ground Handling Services subject to sectoral regulations & security clearance under the automatic route.
For further details, please refer FDI Policy
Passenger traffic growth
Foreign Tourist Arrival growth
Total freight traffic (MMT)
Domestic aircraft movement growth
Ninth largest Civil Aviation market in the world
Fastest growing domestic air market in the world
52 DGCA approved AME Training Institutes
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The Aviation sector in India currently contributes $72 bn to GDP.
India has 464 airports and airstrips, of which 125 airports are owned by Airport Authority of India (AAI). These 125 AAI airports manage close to 78% of domestic passenger traffic and 22% of international passenger traffic.
Passenger traffic in India stood at 316.51 mn during April 2018 - Feb 2019. Out of which domestic passenger traffic stood at 252.92 mn while international traffic stood at 63.59 mn. The aircraft movement, passenger traffic and freight traffic increased by 4.9%, 4.5% and 3.1% respectively in February 2019 viz-a-viz February 2018, across all Indian airports taken together.
However, the share of international cargo traffic is much higher at 68.5% in comparison with 31.5% of domestic cargo traffic.
Maintenance, Repair & Overhaul (MRO) industry is expected to grow to $1.2 bn by 2020 from $950 mn currently.
New airport addition
Aim to increase the number of operational airports to 250 by 2020
$ 120 bn investment in airport infrastructure
India’s aviation market to become 3rd largest by 2024
The significant increase in M&A activities
Etihad-Jet, Tata-Singapore Airlines, Tata-Air Asia
Boost air connectivity to smaller cities & northeastern states
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