India’s domestic air passenger traffic is expected to touch 300 million by 2030, almost two-fold from the 153 million in 2023, Civil Aviation Minister Jyotiraditya Scindia told the Wings India 2024 conference and exhibition that got underway in Hyderabad on January 18.
The country, however, would still remain one of the most under-penetrated markets among the top 20 globally moving up from existing 3%-4% to 10%-15% by the decade. Given the growth potential of the civil aviation sector, India has set out on a course of “creating capacities, removing bottlenecks and simplifying procedures,” he said.
“We are committed to ensure speedy growth of the sector. Our resolve is not to be regulatory in nature, but to be facilitative,” he asserted, adding the goal is to support a $20 trillion economy by 2047.
