Indian Aviation Industry

India is expected to become the third-largest aviation market in the world by 2024. According to the International Air Transport Association (IATA), India is projected to surpass China and the United States as the third-largest air passenger market by 2030. The increasing demand in the sector has led to a rise in the number of aeroplanes operating in the industry, with the number of planes expected to reach 1,100 by 2027.

As the demand continues to increase, now is the perfect time to embark on a career in the aviation industry. There are several career paths you can pursue, such as Aircraft Maintenance Engineering, Aeronautical Engineering, Commercial Pilot License Training, BBA in Aviation, and Air Hostess training. Among these courses, Commercial Pilot License and Aircraft Maintenance Engineering licences hold immense potential as they are indispensable positions in the industry.

According to the Indian Aircraft Act, 1934, and the rules established under it, an Indian Registered Aircraft must be certified by an Aircraft Maintenance Engineer (AME) licensed by the Directorate General of Civil Aviation (DGCA) before it can be released for flying. An AME licence holder certifies that the aircraft is airworthy and safe for flying before any flight operation. Individuals aspiring to obtain an AME licence must undergo a licensing program as per DGCA regulations.

• sweep The aircraft fleet size of the country is expected to quadruple, reaching about 2,500 by 2038.
• sweep The MRO industry is expected to grow by more than four times, reaching around USD 4 billion in the next 3 to 5 years.
• sweep The government has set a target to operationalize 1,000 UDAN routes during the currency of the scheme and to revive/develop 100 unserved and underserved airports, heliports, and water aerodromes by 2024.
• sweep Approximately INR 95,000 crore will be invested in the aviation sector in the next four years (2023-2027).
• sweep The government of India aims to establish 33 new domestic cargo terminals by 2024-2025, allowing the cargo sector to flourish and grow.
• sweep The Ministry of Civil Aviation will be spending close to INR 98,000 crore over 4 years to set up new greenfield airports and expand existing brownfield airports. Out of this, INR 62,000 crore will be invested by the private sector, and INR 36,000 crore will be invested by the Government of India through the Airports Authority of India.
• sweep There has been an annual growth of 51.70% in domestic passenger traffic during January-March 2023.
• sweep In the last seven years, six more airports have been constructed or declared as international airports. Currently, the country has 131 operational airports, including 29 international, 92 domestic, and 10 custom airports. India aims to expand the number of operational airports to 220 by 2025.
• sweep The number of aircraft in the country has increased from 400 in 2013-14 to 710 in seven years. It is intended that more than 100 aircraft should join every year.
• sweep Annual passenger traffic has increased from 2.6 lakh to 33 lakh in five years under the UDAN Scheme.
• sweep AAI and other airport operators are set to spend INR 90,000 crore until 2024-25 for the modernization of airports.
• sweep 100% FDI is allowed under the automatic route for both greenfield and brownfield projects.