GoingToMeet

Over the last 5 years, India’s airline sector has altered radically since the first low cost carrier, Air Deccan launched in August 2003. Having expanded at growth rates of over 20% over the last 5 years, growing from circa 40m passengers p.a. to over 110m p.a., served by a number of new entrants engaging in the market, this is clearly a market that is one of the most exciting in the world.

What is holding it back is again the issue of infrastructure itself, and within the aviation sector that is the role of airports. With most of the India’s airports outdated and inadequate they are the main limiting factor for the further expansion and growth of the airline sector.

In response to this issue the government has undertaken a $51bn modernisation programme of India’s airports which is the second largest airport redevelopment programme in the world. And it has created Vision 2020 which aims to build 500 world class airports by 2020 outstripping most other countries.

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