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6 factors that are holding down Indian aviation

Updated : October 03, 2019 07:17:20 IST

A growing middle class that is 300 million strong, rapid urbanisation triggering increased travel demand, a rising propensity to spend, and significant capacity by airlines such as IndiGo, SpiceJet and Vistara entering the market are spurring India’s aviation growth.
But the current ecosystem in aviation has far too many distortions.
Aviation forecasts indicate that the Indian aviation market will witness compounded annual growth rates in the double-digits over the next five years and to leverage this growth policy interventions are necessary.
6 factors that are holding down Indian aviation
Published : October 03, 2019 01:19 PM IST

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