Aviation sector has potential to grow in double digits
- May 14th
India has the ninth largest civil aviation market and also boasts about fastest growing market with respect to domestic travel as well. Where do the opportunities really lie in the aviation sector? You are pushing the pedal on airport privatisation. The Modi government is really talking about Rs 100 lakh crore worth of investment in terms of infrastructure.
The aviation sector was growing at the rate of 3-4% in the initial months of this year. Come November, the growth again hit 11%. Now this establishes that the aviation industry has become not only highly growth oriented but also has established its resilience.