$11 bn being spent on airports for 300 mn domestic fliers by 2030: Minister

By :  Agencies
Update: 2024-10-07 13:40 GMT
Civil Aviation Minister K Rammohan Naidu speaks at an event in Delhi on Monday | X/@ficci_india

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 a 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 as 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.

At the conference, Civil Aviation Secretary Vumlunmang Vualnam said air trip per capita per annum for India is 0.13.

"If half of the Indians travel, we are looking at a market potential that is four times of what it is today".

He also emphasised that the government is open to do whatever is required for the civil aviation. Meanwhile, the minister also said the potential for partnership between India and France is immense. PTI

(Except for the headline, this story has not been edited by The Federal staff and is auto-published from a syndicated feed.)
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