Braving several take-off woes, the aviation industry seems to have found relatively firm grounding. Privatisation has gripped the industry in a big way. Nevertheless, certain ground realities need to be effectively handled for a safer landing.
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Aviation Sector: Status Check and Roadmap
In the past decade, the Indian aviation industry has emerged as the 9th biggest aviation industry in the world. However, high taxes and slow pace of regulatory reforms have adversely impacted the growth of this industry.