Archive · 2 Jun 2025
India's Aviation Sector: Investment and Challenges Highlighted at IATA AGM
At an aviation conference in India, the Prime Minister talked about how the country's aviation industry is growing and needs investments.
India is building new airports and aims to be a big player in aviation.
A key issue is that it is hard to get new airplanes right now.
India is already the third-largest market for domestic aviation.
The Prime Minister sees a bright future for aviation.
PM Modi addressed the IATA AGM in New Delhi.
India aims to increase its MRO segment to $4 billion by 2030.
India is investing in world-class airports, increasing the number to 162.
IATA highlights aircraft delivery delays as a key challenge for the aviation industry.
India is seen as a growing market and investment opportunity.
- Who
- Prime Minister Modi and IATA (International Air Transport Association)
- What
- PM Modi addressed the IATA AGM, discussing investment opportunities and the growth of India's aviation sector.
- When
- June 2, 2025
- Where
- New Delhi, India
- Why
- To promote investment in India's aviation sector and address the IATA AGM.
- IATA AGM Host
- India (New Delhi)
- MRO Segment Goal by 2030
- $4 billion
- Number of Airports (Current)
- 162
- Number of Airports (Previously)
- 74
- World Aviation Market Rank
- 3rd Largest Domestic
Sources
India's aviation getting stronger driven by connectivity and airport infrastructure growth: IATA
After 1958 and 1983, IATA returns to India for third AGM as aviation industry takes flight again
India soars to 3rd spot in global aviation market, says IATA
Airlines projected to report $36 billion profit in 2025: IATA
Airlines likely to post $36 billion profit in 2025: IATA
Global airline profits to rise to $36 billion in 2025 despite supply chain snags and geopolitical risks: IATA
Global air travel growth slows; IATA projects 4.99 billion passengers in 2025
Indian economy to be close to $30 trillion by 2047: Amitabh Kant
India offers an excellent opportunity for investment in aviation sector: PM Modi
India's aviation sector is a key player in global air transport industry: PM Modi at IATA AGM
‘From skies to space’: PM Modi at IATA AGM pitches India as future hub for aviation and innovation
India offers an excellent opportunity for investment in aviation sector: PM Modi