India's Soaring Aviation Potential: A Golden Opportunity for Investors
Prime Minister Narendra Modi highlights immense potential in India's aviation sector, urging investors to explore opportunities in aircraft manufacturing, pilot training, and advanced air mobility. India aims to become a global aviation hub with significant policy and infrastructure reforms, positioning itself as a major player in the industry.
- Country:
- India
Prime Minister Narendra Modi has underscored the immense opportunities within India's burgeoning aviation sector, inviting investors to target areas such as aircraft manufacturing, pilot training, and advanced air mobility. At the Wings India 2026 summit, Modi highlighted the strong growth in civil aviation, with India's market expanding rapidly due to rising air traffic demand.
To support this growth, the government is implementing comprehensive regulatory reforms to enhance cargo efficiency, constructing modern warehouses, and bolstering India's position as a competitive transshipment hub. With the number of airports doubling since 2014 and set to reach over 400 by 2047, India's commitment to inclusive air travel is evident through the UDAN scheme, which has facilitated travel for 15 million passengers on previously non-existent routes.
As India positions itself as a key aviation gateway between the Global South and the world, Modi emphasized the need for self-reliance in aviation resources. He envisions a future where India not only meets its own aviation demands but also becomes a leader in green aviation fuel and electric vertical takeoff and landing aircraft manufacturing.
(With inputs from agencies.)
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