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New Delhi: Air traffic is on the rise in India, though only a small part of its people flies every year, and the manufacturer is seeking a profitable deal in the flagship Aero India exhibition from Monday.
The International Air Transport Association (IATA) will also hold its annual general meeting in New Delhi in June, the capital of the world’s fifth largest economy, which is another clear sign of the Indian market cartoon.
The permanent development of its economy and the middle class has made India and its 1.4 billion people the third largest air market in the world after the United States and China.
“India is the emerging star of the World Aerospace,” said Remy Mellard, the head of Airbus India and South Asia. “This is the world’s fastest growing trading market. And it will remain so for the next 20 years.”
Airbus rival Boeing, who will also participate in the Five Day Aero India Show in Bangalore for World Aero Shopkeepers organized by the Ministry of Defense, is the same excitement.
“This is the most dynamic market on the planet, and of course the most interesting,” Boeing India chief Salil Gupta told AFP.
The Civil Aviation Ministry of India is proud of the “growing sky” in a field of “microscope experience” in a field.
According to Boeing’s forecast, this growth should increase in South Asia, mainly in India, by more than 7.0 % every year by 2043.
“Compared to 0.46 in China, only 0.12 in China, only per capita air travel is low,” Mellard said, calling it “a comment about the Indian aviation market capacity”.
The railway is very popular, but in the European Union area, about three -quarters of countries traveling by cross -crossing trains are often slow and chaos.
Boeing estimates that 18 million daily train users will take about two percent of the daily train users, compared to 430,000 air passengers.
‘Chapel’
Indian Prime Minister Narendra Modi has preferred the development of the air sector since coming to power in 2014.
Modi, who has said that he wants to “bring air travel for the common people”, launched a project in 2016 to enhance the relations between small cities and the country’s megastes.
Modi was told by the Ministry of Aviation, “An ordinary man who travels to the chapel should also be seen in the planes – this is my dream.”
According to ministry data, the number of airports in the past decade has exceeded double. The government is pouring millions of dollars and promising to increase the number between 350 and 400 by 2047, which is the centennial of India’s independence.
At the same time, the government has opened programs for about 30,000 pilots and at least more mechanics training over the next 20 years.
Airbus and Boeing are a key partner in it, emphasizing the promotion of women.
‘Revolution’
Big manufacturers say the next jump in the airline sector in India will be international.
“The kind of revolution we have seen in the Indian domestic market in the last few years is now going on the market over the past few years,” he said, adding that the company “local gain, population profit and economic Taking advantage of growth. “
Gupta said Boeing is expecting more orders for long -range flights, which he believes will be 15 % of the total Indian fleet in the next 20 years.
Boeing predicts that the Indian market will need at least 2,835 new aircraft through this deadline-three-quarters for market growth, and the rest as alternatives.
For Airbus, India made about 10th of its global trade aircraft last year – in 2204 a total of 86 users went to 766 commercial aircraft, 72 Indian careers.
