The decision of the Government of India to spend $10 billion towards airport infrastructure development is a critical move. India is one the few nations in the globe which has recorded a year-on-year passenger growth of nearly 23 per cent.
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There is huge potential for growth in the air cargo market
The reactions are positive and industry is also quite optimistic on the introduction of NCAP 2016. The objective of the government through NCAP is to establish an integrated ecosystem enabling significant growth of the civil aviation sector, which in turn would promote tourism, increase employment and lead to balanced regional growth.
All Aboard
Growing air travel bodes well for the sector. All that is required is for the necessary infrastructure to keep pace, lest it fall far behind. India´s civil aviation industry is on a high-growth trajectory. Currently the ninth largest aviation market in the world, with a market size of around $16 billion
Blore airport to get satellite navigation
A satellite-based navigation system is ready at Bangalore International Airport to ensure there are no delays in landing, long queues of aircraft to land or take off, delays in take-off and extended hovering. Hence passengers from Bangalore airport will get to depart and arrive on time on almost every flight with the functioning of the satellite-based navigation system.
If the economy gets robust, we would require 200 more airports in the country
Towards creating a better infrastructure in the country, the Airports Authority of India (AAI) is working hard to connect smaller towns with major cities.