Currently, India's aviation industry caters to nearly 117 million domestic and 43 million international passengers. Over the next decade that market could reach 337 million domestic and 84 million international passengers. Hence the Indian Aviation industry has a huge potential for growth in the years to come. Air transport including air freight in the country attracted foreign direct investment (FDI) worth US$ 456.84 million in the period April 2000-July 2013, according to data released by Department of Industrial Policy and Promotion (DIPP).
Singapore-based Tiger Air has entered into an interline agreement with Spicejet, India's second largest low-cost carrier. Inter-Globe Enterprises and CAE, a Canadian civil and military aviation simulation training firm, have jointly launched India's largest pilot simulation training facility in Greater Noida.
Mahindra Aerospace plans to make an 8-seater aircraft at its manufacturing base in Bangalore. US companies, encouraged by the growth of the India aviation sector, are keen to invest in the various fields associated with the industry according to reliable industry sources. Singapore-based Tiger Air has entered into an interline agreement with Spicejet, India's second largest low-cost carrier. Inter-Globe Enterprises and CAE, a Canadian civil and military aviation simulation training firm, have jointly launched India's largest pilot simulation training facility in Greater Noida.
 |
INDIAN INDUSTRIES |
|
|
|
|
|
INDIAN AVIATION INDUSTRY AT A GLANCE IN 2013 - 2014 
INDIAN AVIATION INDUSTRY AT A Glance IN 2012 - 2013
back to aviation INDUSTRies