Indian Aviation Market Will Surpass US and China in 15-20 Years: Jayant Sinha
India is the fastest growing aviation market in the world. Union Minister Jayant Sinha announced that Indian aviation market will surpass US and China in 15-20 years.
“The growth in aviation sector is unprecedented. In the last three-four years, we have actually been growing at 15-20 per cent. From 100 million passenger trips a few years ago we will double to about 200 million passenger trips this fiscal. In fact, India is already the third largest domestic aviation market in the world only after the US and China”
Union Minister Jayant Sinha
In the last three-four years, India Aviaiton industry has actually been growing at 15-20%. From 100 million passenger trips a few years ago we will double to about 200 million passenger trips this fiscal, this incredible growth shows golden future of Indian aviation industry.
US has 900 million air traffic and China has 600 million air traffic while projected that in India the market will grow to a one billion passenger trips market in the next 15-20 years. On the basis of this projection we will be number 1 in aviation market in the world.
“So, from 500 planes in the sky, we will have to go to about 2000 planes,” Sinha said at the event organized by the Foundation for Resource Development and Education at SKICC.
The Union minister said aviation was going to be one of the largest industries in India and airlines had placed orders for over 900 planes. And as per Jayant Sinha we will have 2000 aircrafts in next 15 to 20 years and will be the largest aviation market in the world.
This incredible growth shows golden career opportunities in aviation sector, to handle these millions of passengers and large number of aircrafts there are huge demand of trained technicians. Pilots, Aircraft Maintenance Engineers, Crew members, ATC etc are the best career in Aviaiton industry.
Aircraft Maintenance Engineer (AME) is the backbone of the aviation industry. AME are responsible for safety and security of an aircraft. No aircraft can take off without approval of an AME. CAPA already declare the shortage of technical resource in Indian aviation industry. Government already announced 3.3 lacs new technical jobs in Indian aviation industry in next year’s. There is also huge demand of Indian AMEs in Gulf countries.
India has approx 500 commercial aircraft and will have more than 2000, this big difference required a large number of AME and pilots to serve millions of air passengers.
This growth shows that this is the perfect time to make career in aviation industry.