Accessible Airways Transport
India’s Rank on Global Aviation Market: India is the third largest domestic aviation market in the world after USA and China.
Potential: India is expected to overtake UK to become world’s third largest air passenger market by 2024.
Growth Rate: Between 2009-19, India contributed 5.9% to global growth in passenger traffic and expected to grow by 6.2% per annum by 2040.
GDP Contribution and Employment: Overall aviation industry contributes $35 billion annually to India’s GDP and offer 7 million jobs through tourism and related activities.
Ranking: India’s ranking in Travel and Tourism Competitiveness Index has improved from 52nd in 2015 to 34th in 2019.
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