Home carriers have positioned orders for 1,700 planes, with an purpose to develop their fleet to three,500 by 2047, mentioned Civil Aviation Minister Ok Rammohan Naidu.
“India is not only flying however hovering… Our plane fleet has doubled to 850 at this time, and we’ve already positioned orders of greater than 1,700 plane — which is the largest on the earth — aiming for a fleet of three,500 by 2047,” he mentioned, whereas addressing Wings India 2026 Curtain Raiser on Friday.
India, the world’s third-largest home aviation market, is poised to quickly turn out to be the third-largest general air passenger market, the minister mentioned.
Home flights have surged to 11 lakh yearly from six lakh in 2014. “Because of this 60 extra flights are being dealt with each hour,” he added.
That is in keeping with India’s airport community enlargement — from 74 to 160 over the past decade. Within the coming 5 years, 50 new airports are anticipated to be launched beneath the regional connectivity scheme, UDAN, additional connecting distant areas of the nation.
“In truth, we’re very a lot prepared so as to add 200 extra airports over the following 20 years. All main metros are making ready for its second technology of world-class airports. After Jewar (Delhi-NCR), Navi Mumbai (Mumbai) and Parandur (Chennai), now Bengaluru has proposed for a second airport,” Naidu mentioned.
The minister additional added that the home drone ecosystem is booming, with over 11,000 drones being registered yearly. “We’re additionally working in direction of air taxi trails, drone corridors and a regulatory sandbox to help new-age startups,” Naidu mentioned.
Calling on the business to make in India, Naidu mentioned that whereas world unique gear producers corresponding to Airbus and Boeing are domestically sourcing aerospace parts and providers price round $2 billion yearly, the purpose is to take that determine to $10 billion within the coming days and “construct on structural elements, avionics and electronics proper right here in India”.
“Our skies are filled with alternative, our insurance policies are secure, and our partnerships are honest…come co-create the way forward for aviation with us,” Naidu mentioned, addressing the worldwide gamers who gathered on the occasion.
Naidu additionally declared the theme of Wings India 2026 – ‘Indian Aviation: Paving the Future – from Design to Deployment, Manufacturing to Upkeep, Inclusivity to Innovation and Security to Sustainability’.
Wings India 2026, the following version of the much-awaited biennial civil aviation occasion, might be held in Hyderabad from Jan 28–31. It should convey collectively key stakeholders together with airways, producers, buyers, state governments, airport builders, cargo and logistics gamers, talent growth businesses, and monetary establishments from throughout the globe.
. Learn extra on Enterprise by Newsstate24 Revenue.