Aviation sector is one of the promising sector in India. This sector faced a growth rate of 20% per annum in passenger traffic. As per IATA, India will become the 3rd largest aviation market in the world interms of passenger by 2026. Above data clearly states that aviation sector is not under stressed.
The opportunities offered by Aviation sector are:
- Rising purchasing power and disposable income of middle class accompanied by growth in cargo movement.
- In terms of infrastructure also growth in number of carriers and Greenfield airports are coming. PPP model has been a successful affair.
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