Try GOLD - Free
India's rise as a global air travel hub
Business Standard
|August 29, 2025
India has been at the heart of global trade and commerce since time immemorial.
India has been at the heart of global trade and commerce since time immemorial. From the Silk Route to the spice trade, India's ports, cities, and markets connected civilizations and fostered both economic and cultural exchanges across continents. The foundation of this legacy was built on three main principles: India's location, people, and the ability to build and evolve. As India now stands at the cusp of becoming the world's third-largest economy, these same principles are key to reclaim the country's historical prominence. Only this time, it must be a global hub for connectivity, mobility, tourism, and trade.
Today, the nation is well on its way in this journey with a young, talented population, a booming economy, rapid digitalization, and a growing middle class that is generating consistent demand for mobility, commerce, and tourism. But to ensure the longevity of this momentum and translate it into sustainable growth, and to reach the nation's $10 trillion GDP ambition, there is a need to address one of the most important catalysts of economic transformation: world-class infrastructure. This is not just about physical assets but about strengthening the lifeblood of the economy, the movement of goods, people, ideas, and investment. Every airport, port, highway or railway acts as an enabler of creating jobs and multiplying the GDP.
This story is from the August 29, 2025 edition of Business Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Standard
Business Standard
THE COMPASS Diversified infra players better bet amid weak road order inflows
Activity in the roads sector has been slow and road awards were subdued due to the policy decision to halt awards under the Bharatmala programme.
3 mins
January 10, 2026
Business Standard
Lenovo to design, build, and export Al servers from India
Global technology major Lenovo is planning to transform India into a key export hub for its infrastructure business, with plans to design and manufacture artificial intelligence (AI) servers in the country for global markets, a top company executive has said.
1 min
January 10, 2026
Business Standard
Suspend PM E-DRIVE truck-scrapping rule fora yr: Auto industry
The automobile industry in India has asked the Ministry of Heavy Industries (MHI) to suspend for one year the rule governing financial incentives for buying an electric truck (e-truck) under the PM E-DRIVE scheme, Business Standard has learnt.
2 mins
January 10, 2026
Business Standard
Netflix's India decade: From 'HBO moment' to a hunt for mass reach
More than 16 million subscribers, about 50 million viewers and close to%4,000 crore in revenues.
3 mins
January 10, 2026
Business Standard
'FY27 Budget should focus on consumption demand, boosting income'
Budget 2026-27 must focus on improving consumption demand and give a legup to micro, small and medium enterprises (MSMEs), especially to tide over global uncertainties, Nirmal K Minda, Assocham president and executive chairman of UNO Minda, tells Ruchika Chitravanshi in an interview in New Delhi.
2 mins
January 10, 2026
Business Standard
Working well with Venezuela: Trump cancels 2nd attack
US Prez set to outline plan for Venezuelan oil
2 mins
January 10, 2026
Business Standard
Air as an electoral issue
Cyclones in Odisha, landslides in Uttarakhand, floods in Assam, pollution in Delhi.
3 mins
January 10, 2026
Business Standard
Darjeeling tea output may have hit a new low in 2025
The famed Darjeeling tea may have slipt to a new production low in 2025, as changing weather patterns, a shortage of pluckers and mounting economic stress weigh on the region’s gardens.
2 mins
January 10, 2026
Business Standard
Oil & gas industry expects GST relief, LPG under-recovery compensation
‘The oil and gas industry expects the upcoming Union Budget to address compensation for underrecoveries on the sale of cooking gas cylinders and provide goods and services tax (GST) relief for exploration activities, say experts.
1 min
January 10, 2026
Business Standard
Competition may weigh on power equipment firms
Their stocks fell for a second day amid reports about possible removal of curbs on China companies bidding for govt contracts
2 mins
January 10, 2026
Listen
Translate
Change font size
