India's Air Passenger Traffic to Reach 300 Million by 2030
By Rediff Money Desk, New Delhi Oct 07, 2024 12:45
India's domestic air passenger traffic is projected to reach 300 million by 2030, with USD 11 billion being invested in airport development. The country is also collaborating with France on sustainable aviation fuel.
New Delhi, Oct 7 (PTI) India's domestic air passenger traffic is projected to touch 300 million by 2030 and about USD 11 billion is being spent to develop airports, Civil Aviation Minister K Rammohan Naidu said on Monday.
The minister also said India and France can work together to develop a robust global SAF (Sustainable Aviation Fuel) supply chain.
He was speaking at the conference organised by the French Aerospace Industries Association (GIFAS) in the national capital.
India is one of the world's fastest-growing civil aviation markets and airlines are expanding their fleets well as networks to meet the rising demand.
Naidu said the domestic air passenger traffic is projected to touch 300 million by 2030 while 200 more airports are expected to be developed in the next 20-25 years.
Currently, India has 157 airports, heliports and waterdromes.
The number of operational airports is expected to reach 200 by the end of 2025.
The potential for partnership between India and France is immense, the minister added.
The minister also said India and France can work together to develop a robust global SAF (Sustainable Aviation Fuel) supply chain.
He was speaking at the conference organised by the French Aerospace Industries Association (GIFAS) in the national capital.
India is one of the world's fastest-growing civil aviation markets and airlines are expanding their fleets well as networks to meet the rising demand.
Naidu said the domestic air passenger traffic is projected to touch 300 million by 2030 while 200 more airports are expected to be developed in the next 20-25 years.
Currently, India has 157 airports, heliports and waterdromes.
The number of operational airports is expected to reach 200 by the end of 2025.
The potential for partnership between India and France is immense, the minister added.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 9.17 ( -6.43)
- 158782351
- G V Films
- 0.92 ( -2.13)
- 92619851
- Srestha Finvest
- 0.93 (+ 4.49)
- 40021818
- GTL Infrastructure
- 2.21 ( -4.74)
- 33330386
- Spicejet Ltd.
- 57.56 ( -8.33)
- 31414064
MORE NEWS
Gold Hits All-Time High at Rs 78,700/10g
Gold prices in India soar to a new record high, driven by strong domestic demand and...
Amazon Acquires MX Player: Merges with miniTV
Amazon acquires MX Player and merges it with miniTV to launch 'Amazon MX Player',...
Coal Handling Projects in Jharkhand: Rs 732...
Union Minister Satish Chandra Dubey laid the foundation stone of two coal handling...