The aviation sector in India is considered one of the fastest growing in the world and is the largest in South Asia with nearly 70% of domestic traffic. Tier 2 and Tier 3 cities, which were ignored earlier, are now attracting attention due to various factors that make them important players in the aviation sector.
With a growing population who are more keen to travel, the aviation industry has evolved into a significiant contributrt to the country's economice growth. Tier 2 and tier 3 cities are showing a rapid growth in development , which is offering immense opportunities to buniness , including the aviation industry.Air travel has become a more frequent medium for a broader segment of the population, which has led to a surge in demand fir air travel services in tier 2 and 3 cities.
The civil aviation industry in India has emerged as one of the fastest-growing industries in the nation and is undoubtedly among the fastest-growing in the world. This can be said in terms of domestic traffic; the Indian civil aviation industry has expanded to become the third largest in the world. It is anticipated that by 2024, India's domestic aviation market will rank third internationally, contributing $ 30 Bn yearly to Gross Domestic Product (GDP). Even though the Covid-19 pandemic's effects have been adverse to human beings, and so is for the world's aviation sector, India has shown no signs of giving up on its ambition to become a leader in everything, including aviation, over the next ten years. The aviation industry is making the much-needed development leap thanks to its tenacity and the government's consistent measures to support and transform it.
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