India to have 42.5 crore air passengers by 2035, says Aviation Minister Mr. Jyotiraditya Scindia
According to Civil Aviation Minister Mr. Jyotiraditya Scindia, who was addressing the CII-organised International Aerospace Conference in Gwalior, India is estimated to have 42.5 crore air passengers by 2035, up from the current level of 14.5 crore, and it is the growth potential that international players might look at.
The regional air connectivity, according to the minister, has democratised civil aviation and given rise to four regional carriers. He called on international players to "look at India" and emphasised the civil aviation sector's growth potential.
According to official data, domestic aviation traffic increased by 25% in July to 1.21 crore passengers from the same month the previous year.
Mr. Jyotiraditya emphasised that it is time for aerospace players to replace themselves in India and that it is "imperative" to expand civil aviation as both a service and a product.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.