India’s civil aviation industry is on a high-growth trajectory. It aims to become the third-largest aviation market by 2020 and the largest by 2030.India is planning to invest over $120 billion in the development of airport infrastructure and aviation navigation services over the next decade with the civil aviation sector poised for fast growth, the sector is poised for a faster and sustainable growth with the development of more than 50 new airports and expansion of existing airports, giving job opportunities to millions. India registered a growth of 14 percent in civil aviation sector during the last decade. With foreign direct investment (FDI) in air transport during the last decade touched the mark of $570 million.
The Country continues to be a favorite destination for foreign investors in civil aviation sector. It has been noted that the Indian civil aviation market is growing at a rapid pace and now ranks ninth in the world. We TraiCon Events are proud to announce “The Airport Modernization India Summit 2017” one of the biggest conference on civil aviation in the country, is being attended by delegates from all parts of India.