The Minister of Civil Aviation, Jyotiraditya Scindia, has articulated that India's aviation sector stands on the precipice of significant expansion, with the present count of 14.5 crore air passengers anticipated to surge to 42.5 crore by the year 2035.
"This growth potential presents an opportunity for international players to engage in India's aviation market,” he said at the International Aerospace Conference, organized by the CII.
Mr. Jyotiraditya Scindia, the esteemed Civil Aviation Minister, highlighted the noteworthy growth potential within India's aviation sector during his address at the International Aerospace Conference, which was meticulously organized by the Confederation of Indian Industry (CII). In his discourse, he emphasized that this burgeoning trajectory provides a compelling opening for international stakeholders and entities to actively participate and invest in the dynamic and evolving Indian aviation market
Scindia also highlighted how regional air connectivity has made civil aviation more accessible, leading to the emergence of four regional carriers.
He also said that the foundation stone of the upcoming terminal building of Gwalior airport was laid in October 16, 2022, and assured that it will be completed in a period of 15 months by the end of 2023, making it the fastest-built terminal building in the history of India.