Finance Minister Nirmala Sitharaman’s first-ever budget could be a watershed in the history of India’s aviation industry. Perhaps for the first time, the budget has unambiguously recognised the potential of the aviation industry to accelerate economic growth by ensuring...
The Indian government is working to make India one of the world’s major aviation hubs by 2040 that may see major changes in tax structure, fleet size, privatisation, number of airports, automation and indigenous aircraft manufacturing capacity. Initiatives like...
India, which is already the third largest domestic civil aviation market in the world after US and China, is all slated to witness a six-fold rise in its total passenger traffic by 2040 and the major driving force will...