What are the recent trends that have emerged in the aviation industry in India

Highlight the vision of India for the aviation industry and factors that need to be considered for its sustainable growth
Recent trends in the aviation industry in India include the growth of low-cost carriers, increased focus on regional connectivity, and the adoption of new technologies such as artificial intelligence and blockchain. The Indian government's vision for the industry is to make it among the top three aviation markets in the world by 2024. To achieve this, several factors need to be considered for sustainable growth, such as enhancing infrastructure, improving the regulatory environment, and reducing taxes and charges. Additionally, there needs to be a focus on skill development and innovation. India also aims to attract more foreign investment and partnerships to boost the industry. Overall, the industry has significant potential for growth in the coming years, with increasing demand for air travel and the emergence of new technologies.
Answered a year ago
Amrita Preparing for Civil Services