Aviation

India, with over 100 operational airports, is the world's fastest growing and 3rd largest domestic aviation market.

Last updated: December 2, 2022

India is expected to become the third largest aviation market in the world by 2024

11%

growth in India's domestic air traffic during FY22

294mn

was total passenger traffic in FY20 (till Jan 2020).

US$50bn

Value of orders placed by Indian carriers for new aircraft.

UDAN

scheme improving regional air connectivity.

42

Aviation IT startups in India

141

Airports in India

100%

FDI allowed for both greenfield and brownfield airport projects.

1,200

aircraft to make up the total fleet of Indian airliners by 2024.

2500

aeroplane fleet in India by 2038

National Air Sports Policy 2022

The NASP, 2022, aims to create a structure that would help “promote the country's air sports sector, by way of making it safe, affordable, accessible, enjoyable and sustainable.”
Krishi UDAN 2.0

Krishi UDAN 2.0 lays out the vision of improving value realization through better integration and optimization of Agri-harvesting and air transportation and contributing to Agrivalue chain sustainability and resilience under different and dynamic conditions.
National Monetisation Pipeline 2022

The project aims to unlock value in brownfield projects by engaging the private sector.
Policy on Regional and Remote Area Air connectivity

To promote the regional air connectivity.
Regional Connectivity Scheme

To facilitate / stimulate regional air connectivity by making it affordable.
Aircraft Financing and Leasing

As the world’s third largest domestic aviation market, the time is ripe for India to enter into aircraft financing and leasing activities from Indian shores.

Krishi Udaan

Krishi Udaan is to be launched by the Ministry of Civil Aviation on international and national routes. This will immensely help improve value realisation especially in North-East and tribal districts.

Policy to Better Utilise Civilian Airspace

Only 60% of the Indian airspace is freely available. Herein, restrictions on utilisation of the Indian Air Space will be eased so that civilian flying becomes more efficient This is expected to bring a total benefit of about Rs.10 billion per year for the aviation sector.
Global Hub for Aircraft MRO

Aircraft component repairs and airframe maintenance to increase from Rs.8 billion to Rs.20 billion in three years. Major engine manufacturers in the world are expected to set up engine repair facilities in India in the coming year.
AAI Startup Policy

The National Civil Aviation Policy 2016 (NCAP) has a target to enable 30 crore domestic flight ticketing by 2022.

Review of FDI in Civil Aviation

To expand the scope of investment and activity in the civil aviation space.

Foreign Exchange Management (Non-debt Instruments) (Third Amendment) Rules, 2020

Issued on July 27, 2020.
Aircraft (Amendment) Bill 2020

The Amendment would provide the sector with a regulatory framework within which growth and development can be sustained.

Federation of Indian Airlines

http://www.fiaindia.in/contact.html

+91-11-46 16 13 18/ 19/20

Visit Website

Represent the airline industry and focuses on inter-airline cooperation.

International Air Transport Association

+65 6499-2424

Visit Website

Driving a safe, secure and profitable air transport industry worldwide.

Civil Air Navigation Services Organisation

+31 (0)23 568 5380

Visit Website

It is the global voice of air traffic management worldwide.

Airports Authority of India

01124632950

Visit Website

AAI manages 125 airports in India.

Ministry of Civil Aviation

Investment Opportunities

  • Infrastructure- Government keen to modernise airport infrastructure through Nextgen Airports for Bharat initiative.
  • Regional connectivity - India plans to connect unserved and under-served airports under the UDAN-2 scheme.
  • Investment - US$1.6bn worth of investment opportunities in building new passenger and cargo handling capacity.
  • Cargo - By 2023, total air freight traffic in India is expected to touch 4.1mn tonnes from 2.9mn tonnes currently.
Useful Links:

Key Investors

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive and capital establishments

With 70% market share, runs design, engineering and research facilities

With engineering centres in India, a major supplier to aerospace sector

Runs 7 manufacturing plants and 5 R&D centres for global operations

A major supplier of commercial aircraft, manufactures aerospace components

Singapore Airlines set to scale up India operations to tap growing market

Etihad Airways of United Arab Emirates, is expanding India operations

ENABLING ENVIRONMENT

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments

Electronics production to reach US$300 billion by 2026: ICEA Read More
India and Japan to collaborate on multiple projects: Quad Summit Read More
India’s ACME to develop 900 MW solar power plant in collaboration with Norway-based Scatec Read More
Ministry of Tribal Affairs MoU With Microsoft to facilitate AI-based bilingual curriculum in Eklavya schools Read More
Meghalaya contributes to India’s sustainable circular economy via its new EV Policy Read More
ISRO to share technical guidance and facilities with private firms Read More

News

India to become major producer of transport aircraft: PM
October 31, 2022

India will become a major producer of transport aircraft and …

Read More

India’s domestic air passenger volume increased by 64.61%: Govt.
October 20, 2022

India’s domestic air passenger volume increased by 64.61% to 10.35 …

Read More

International air passenger traffic at 79% of pre-COVID levels: ICRA
July 8, 2022

India’s international air-passenger traffic reached 79% of pre-Covid levels in …

Read More
View All

Events

Jan 30,2023

FUTURE OF MOBILITY : India`s Journey towards Net Zero
Jan 31,2023

ASSOCHAM Southern Region Presents 3rd Edition CSR and Sustainability Awards 2022
Feb 07,2023

Expos and Fairs in Mexico in 2023
Feb 09,2023

46th Joint Meeting of India-Japan Business Cooperation Committee (IJBCC)
View More