The President of India, Ms. Droupadi Murmu said that India has become the third largest aviation market in the world, with the number of airports in the country increasing from 74 in 2014 to 147 in 2022.

DGCA has reported that domestic air traffic is continuously increasing and an annual growth of 47.05% was registered for the period of January-December 2022 and around 12.32 crores of passengers were carried by domestic airlines.

Nine airports in the nation that use the PPP model are anticipated to increase their overall earnings by 50% this fiscal year to US$ 1.1 billion (Rs 9,650 crores) from US$ 779 million (Rs 6,450 crores). 

The government of India is taking several measures to increase the growth of the aviation sector and the direct employment in aviation and aeronautical manufacturing sectors stands out at around 250,000 employees.

Over the past seven years the number of international airports in our country has increased to 30. The domestic aviation market got deregulated when the Air Corporation Act was repealed, as a result, the airline service providers are free to provide air services within the country depending on the traffic demand and commercial viability.

For international flight services, Indian carriers are free to mount services from India to a foreign destination in compliance with the bilateral agreements.