India to bundle loss-making and profitable airports to draw investors: Bloomberg
India is set to sell half a dozen non-profitable airports by combining them with profitable ones to make…
India
399 articles
India is a significant and rapidly expanding market within the global aviation industry. The country has a large and growing domestic aviation market, driven by its expanding economy, rising middle class, and increasing demand for air travel. India is also strategically located, serving as a major hub for connecting flights between Asia, Europe, and the Middle East. The Indian government has implemented policies to promote the growth of the aviation sector, including investments in airport infrastructure and the liberalization of aviation regulations.
Key Facts
- Airlines: IndiGo, Air India, Vistara, SpiceJet, Go First
- Airports: Chhatrapati Shivaji Maharaj International Airport (BOM), Indira Gandhi International Airport (DEL), Kempegowda International Airport (BLR)
- Domestic Passenger Traffic (2022): 138 million (approx.)
- Aircraft Orders: One of the world\’s largest aircraft order books
- Manufacturing: Emerging hub for aircraft component manufacturing
- Challenges: Infrastructure constraints, regulatory complexities
- Growth Potential: High growth potential due to increasing demand and government support
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