Infographic
Infographic
Infographic
AVIATION
39.8%
16.69% 19.51%
SECTOR
COMPOSITION Aircraft movement Passenger traffic Freight Traffic
Domestic International
275 275
243.0 69 67
65.5
105
KEY 10
• Robust demand: Rising working group and widening middle class demography is expected to boost demand.
• Opportunities in MRO: Expenditure in MRO accounts for 12-15% of the total revenues - it is the second-highest
expense after fuel cost. By 2028, the MRO industry is likely to grow over US$ 2.4 billion from US$ 800 million in
2018.
• Policy support: Foreign investment up to 49% is allowed under the automatic route. Under Union Budget 2021-22,
the government lowered the custom duty from 2.5% to 0% on components or parts, including engines, for
ADVANTAGE manufacturing of aircrafts by public sector units of the Ministry of Defence.
INDIA • Increasing Investments: Investment to the tune of Rs. 420-450 billion (US$ 5.99-6.41 billion) is expected in India’s
airport infrastructure between FY18-23.