India now world’s third largest domestic aviation market

According to Jyotiraditya Scindia, Civil Aviation Minister, India has now become the world's third-biggest domestic aviation market. When stating about at an event of curtain-raiser on ‘Wings India, 2022’, Scindia stated that the nation currently handles the third-largest domestic traffic in the world after the US and China.

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India now world's third largest domestic aviation market

Scindia stated, “We all know that in this densely globalized economy, air transport is a key element in the country’s transport infrastructure and plays an important role in the country’s economic growth.”

According to Jyotiraditya Scindia, Civil Aviation Minister, India has now become the world’s third-biggest domestic aviation market. When stating about at an event of curtain-raiser on ‘Wings India, 2022’, Scindia stated that the nation currently handles the third-largest domestic traffic in the world after the US and China.

Also Read: ICRA projects losses worth ₹26,000 by the end of the current fiscal year for the Indian aviation industry

He stated, “We all know that in this densely globalised economy, air transport is a key element in the country’s transport infrastructure and plays an important role in the country’s economic growth.”

The minister added that the total freight that is handled by the nation’s airport while the first two quarters of FY22 (combined) has recovered to almost more than 80 percent that is 15.36 lakh MT during April to September FY22 of the pandemic level, despite the fact that the country being almost hit by a terrific second wave in the first quarter of the year.

The ‘Wings India, 2022’ which was to be held in Hyderabad is slated to be Asia’s largest event based on civil aviation.

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India now world's third largest domestic aviation market
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According to Jyotiraditya Scindia, Civil Aviation Minister, India has now become the world's third-biggest domestic aviation market. When stating about at an event of curtain-raiser on ‘Wings India, 2022’, Scindia stated that the nation currently handles the third-largest domestic traffic in the world after the US and China.
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THE POLICY TIMES
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