An upward trajectory for India's civil aviation

This year will be an exciting one for Indian aviation.

- Willie Walsh

June will be a highlight when Delhi will turn into the global aviation capital as industry leaders from around the world gather for the 81st International Air Transport Association (IATA) Annual General Meeting and World Air Transport Summit, hosted by Indigo.

India's place in global aviation has changed dramatically over the last decade. With record aircraft orders, impressive growth, and world-class infrastructure developments, India is firmly established as the fourth-largest market (domestic and international) for aviation in the world. And within this decade, IATA's own projections point to India rising to be the third largest.

The country's rapidly modernising and expanding aviation sector employs 369,700 people directly and generates $5.6 billion of economic output. When you include the additional benefits, such as tourism, these numbers rise to 7.7 million jobs in India and $53.6 billion in economic contribution. That is 1.5% of India's Gross Domestic Product (GDP).

The potential that everybody could see for decades is finally being realised. I have never been more excited about India's aviation prospects.

Part of the excitement is due to the remake of India's airline sector. Air India's rebirth with new ownership is placing renewed focus on its service with exciting developments in its fleet and product offering. And IndiGo has built up a very impressive footprint across India and regionally. With a world-leading market capitalisation, there is enormous confidence in its prospects.