135% big jump in the number of air travelers in the country, airports will increase so much in next 5 years

In a press conference held to inform the work done in the aviation sector during the nine-year term of the Government of Narendra Modi, Scindia said that 74 airports ( Heliport as of 2014 in India And aquatic aircraft were including ) and now the number has doubled to 148.

Air travelers in the country There has been a big jump in the number of। Nagar Aviation Minister Jyotiraditya Sindhia said on Wednesday that there were six crore domestic air passengers in India in 2013-14। Now this number has increased by 135 percent to 14.5 crores। Similarly, the number of international air travelers has increased by 50 percent from 4.7 crores to seven crores in this period। He said that India will have more than 200 airports, heliports and aquatic aircraft in the next five years and Indian aviation companies will order more than 1,400 additional aircraft in this period। In a press conference held to inform the work done in the aviation sector during the nine-year term of the Government of Narendra Modi, Sindia said that 74 airports ( Heliport as of 2014 in India And aquatic aircraft were including ) and now the number has doubled to 148.

India’s third largest aviation market

In addition, goods in both domestic and international flights have increased by 65 percent and increased from 22 million tonnes to 36 lakh tonnes, said Sindia। We have become the third largest aviation market in the world due to the progressive policies of Prime Minister Narendra Modi. He said that in 2014, the number of aircraft with Indian aviation companies was 400 which has now increased to 700 and has increased by 75 percent। Sindia said, AI has placed a historical order of 470 aircraft for $ 70 billion। This is only the beginning। Indian aviation companies are expected to order an additional 1,200 to 1,400 aircraft in the next five years. The Minister of Civil Aviation said that in the next five years the number of airports, heliports and aquatic aircraft will exceed 200.

1. Rapid Growth: Over the past decade, India’s aviation sector has experienced significant growth, driven by a rising middle class, increasing disposable incomes, and a growing tourism industry. This growth has led to an increase in the number of domestic passengers.
2. Domestic Air Travel: India has a vast domestic air travel market. Several domestic airlines operate flights to various destinations within the country, connecting major cities, regional hubs, and remote areas. Domestic air travel is accessible to a larger section of the population due to the presence of low-cost carriers and competitive airfares.
3. Market Competition: The Indian aviation market is highly competitive, with both full-service carriers and low-cost airlines operating in the sector. Some of the major players include IndiGo, SpiceJet, Air India, Vistara, and GoAir, among others. Competition has led to improved services, increased connectivity, and competitive pricing.
4. Government Initiatives: The Indian government has taken various initiatives to boost the aviation sector, including the Regional Connectivity Scheme (UDAN), which aims to enhance air connectivity to underserved and unserved airports in the country. Additionally, reforms such as the liberalization of foreign direct investment (FDI) policy in the aviation sector have attracted investment and encouraged the growth of the market.
5. Infrastructure Development: To support the growing aviation sector, India has been investing in infrastructure development, including the construction and expansion of airports across the country. The Airports Authority of India (AAI) and private entities have been involved in upgrading existing airports and building new ones to meet the increasing demand.

India’s aviation market:

1. International Air Travel: In addition to a robust domestic air travel market, India also has a significant international air travel segment. Many international airlines operate flights to and from major Indian cities, connecting the country to destinations around the world. Indian carriers also serve numerous international routes.
2. Air Passenger Volume: India’s aviation market has seen substantial growth in passenger volume over the years. According to data from the Directorate General of Civil Aviation (DGCA), India recorded over 341 million domestic passengers in 2019-2020, making it one of the largest domestic aviation markets globally.
3. Low-Cost Carrier Dominance: The Indian aviation market has been heavily influenced by the growth of low-cost carriers (LCCs). Airlines like IndiGo and SpiceJet, known for their competitive fares and operational efficiency, have played a significant role in expanding air travel accessibility to a broader range of passengers.
4. Cargo Operations: India’s aviation industry also handles a considerable amount of air cargo. With the growth of e-commerce and logistics sectors, there has been an increased demand for air freight services. Major airports in India have dedicated cargo terminals to handle domestic and international cargo shipments.
5. Challenges and Opportunities: While India’s aviation market offers immense growth potential, it also faces challenges. Infrastructure constraints, airspace congestion, high operational costs, and regulatory issues are some of the hurdles that the industry continues to address. However, these challenges also present opportunities for investment and innovation in the sector.
6. Future Projections: Prior to the COVID-19 pandemic, India’s aviation market was projected to experience significant growth in the coming years. Various reports and industry analyses anticipated a surge in air travel demand, driven by factors such as increasing urbanization, rising disposable incomes, and a growing middle class.
7. Airline Fleet Expansion: To meet the growing demand for air travel, Indian airlines have been expanding their fleets. This includes the acquisition of new aircraft and the introduction of more fuel-efficient and technologically advanced planes. IndiGo, for example, is one of the largest operators of Airbus A320neo aircraft globally.
8. Airport Privatization: The Indian government has been privatizing airports to improve efficiency, infrastructure, and passenger experience. Several airports, including Delhi, Mumbai, Bangalore, and Hyderabad, have been handed over to private operators through a public-private partnership model, leading to significant improvements in facilities and services.
9. Focus on Regional Connectivity: The Indian government’s Regional Connectivity Scheme (UDAN) aims to enhance air connectivity to underserved and unserved regions of the country. This initiative promotes the development of airports in Tier II and Tier III cities and offers subsidized airfares on select routes to make air travel more accessible to a wider population.
10. Emphasis on Safety and Security: The safety and security of air travel are paramount concerns. The regulatory authorities, such as the DGCA, focus on enforcing stringent safety standards, conducting regular inspections, and implementing security protocols to ensure a safe and secure aviation environment.
11. Technological Advancements: The Indian aviation industry has been adopting various technological advancements to enhance operations and passenger experience. This includes the implementation of biometric-based passenger processing, automated baggage handling systems, and the use of digital platforms for ticketing, check-in, and other services.
12. Training and Skill Development: To support the growing aviation sector, there is a focus on training and skill development of aviation professionals. Various institutes and organizations offer specialized training programs for pilots, cabin crew, air traffic controllers, and maintenance engineers to ensure a skilled workforce in the industry.
13. Sustainability and Environmental Initiatives: With the increasing focus on sustainability, the aviation industry in India is also exploring initiatives to reduce its environmental impact. This includes the adoption of biofuels, investments in more fuel-efficient aircraft, and the implementation of sustainable practices across airport operations.

Greenfield Airport 11 Get Ready

He said, there were only three greenfield airports in 2014। Now 11 more are ready and 10 more have been approved। Similarly, there were nine aircraft in 2014 in the North Eastern region and the number has increased to 17. Sindhia said that in the aviation sector, an investment of one lakh crore rupees will come in the next five years। He said, by ‘ ‘ 2030 the number of domestic passengers annually will be 45 crores which may increase by 300 percent from the current figure। The annual combined capacity of airports in six metros is currently 22 crores passengers। After starting operations at Navi Mumbai and Greater Noida airports, the capacity will almost double to 41.5 crores.