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Passenger traffic at Indian airports to grow 7% CAGR till FY27: CareEdge
The Business Guardian
|September 01, 2025
Passenger traffic at Indian airports is projected to grow at a CAGR of 7 per cent over 2024-25-2026-27, normalising from the earlier pre-COVID estimates of 9 per cent, according to CareEdge Ratings.
A slight moderation in growth is expected due to the delayed delivery of wide-bodied aircraft, heightened global safety concerns, and lingering geopolitical disruptions, the rating agency said in a report this week.
According to CareEdge Ratings, the outlook for airports in India remains positive, albeit with some near-term moderation. CareEdge Ratings notes that despite near-term headwinds, the long-term growth outlook remains robust, owing to favourable demographics, conducive regulations, rising non-aero revenues per passenger, and increasing airport city-side development.
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