Indian Airports Analysis

India's aviation sector has become the third largest domestic aviation market in the world in terms of handling domestic traffic.

Advantage India

Robust
Demand

* Rising working group and widening middle class demography is expected to boost demand.

* Country will become the third largest aviation market in terms of passengers by 2024.^

Robust Demand Icon

Opportunities
in MRO

* By 2028, the MRO industry is likely to grow over US$ 2.4 billion from US$ 800 million in 2018.

* Land allotment for entities setting up MRO facilities in India has been revised to a period of 30 years in September 2021, from the current 3-5 years as the government aims to make India a ‘Global MRO Hub.’

Opportunities in MRO

Policy
Support

* Foreign investment up to 49% is allowed under the automatic route.

* Under Union Budget 2021-22, the government lowered the custom duty from 2.5% to 0% on components or parts, including engines, for manufacturing of aircrafts by public sector units of the Ministry of Defence.

Policy Support

Increasing
Investments

* Investment to the tune of Rs. 420-450 billion (US$ 5.99-6.41 billion) is expected in India’s airport infrastructure between FY18-23#.

* Growing private sector participation through the Public-Private Partnership (PPP).

Increasing Investments
Last updated: Dec, 2022

Aviation India / Major Airports

  • Delhi
  • Mumbai
  • Chennai
  • Bengaluru
  • Kolkata
  • Hyderabad
Aviation India

Posters

MORE
INDIA FLYING HIGH

INDIA FLYING HIGH

India is the fastest growig domestic air market in the world

IBEF Campaigns

MORE
India Organic Biofach 2022

India Organic Biofach 2022

Ibef Organic Indian Pavilion BIOFACH2022 July 26th-29th, 2022 | Nurember...

10th India Trend Fair 2022

10th India Trend Fair 2022

The Tenth Edition of the India Trend Fair, Tokyo, Japan is being organised ...

Case Studies

MORE

India's Agritech Ecosystem

India's Agritech Ecosystem

Agriculture plays a crucial role in developing India's economy. According to Census 2011, almost 54.6% of the country's workforce is engaged i...

India’s Plastic Industry

India’s Plastic Industry

Due to the enormous potential of the Indian market, local businesses have been encouraged to develop their technical skills, meet high-quality require...

India's Electronics Manufacturing and Export Market

India's Electronics Manufacturing and Export Market

The Indian electronics industry is one of the most rapidly growing industries worldwide. Electronic products have continuously impacted and shaped our...

IBEF BLOG

MORE
Rising India’s Defence Exports: Make in India Effect
27 Jan 2023

Rising India’s Defence Exports: Make in India Effect

Introduction India has become the fifth largest economy, joining the &ldqu...

A Public Digital Infrastructure: India Stack
27 Jan 2023

A Public Digital Infrastructure: India Stack

Introduction India is rapidly emerging as the global hub for the fintech i...

Indian Railway Innovation Policy: A boost to start-ups
20 Jan 2023

Indian Railway Innovation Policy: A boost to start-ups

Introduction India has witnessed exponential growth and is expected to bec...

Partners
Loading...