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Past Issue • Apr-Jun 2016

Indian Aviation Industry in 2016: Ready for Takeoff

Indian Aviation Industry in 2016: Ready for Takeoff

Indian aviation is in a sweet spot. If the proposed improvements in policy, procedure, safety, security and infrastructure are implemented in letter and spirit, this could turn out to be one of the best decades for Indian aviation.
India is one of the fastest growing aviation markets in the world. Domestic air travel during April 2015 to March 2016 grew at a whopping 21.2%. With 224 million passenger throughput (domestic plus international) during the period, India is also one of the largest aviation markets in the world. It has the potential to become the third largest in the world by 2020 thanks to increasing disposable incomes, fall in prices of Aircraft Turbine Fuel (ATF), increasing domestic and international tourists and a transparent policy regime etc.

ABOUT THE AUTHORS

  • Amber-Dubey

    Amber Dubey

    Amber Dubey, Partner and India Head of Aerospace and Defence at global consultancy, KPMG.
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