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aviation-industry

Aviation Industry

India's aviation industry stands at the cusp of unprecedented growth, presenting vast opportunities in a largely untapped market. The next two decades are poised to witness a remarkable surge, with Indian companies set to acquire 2,100 new planes valued at an impressive US$ 290 billion. The forecast is equally compelling for domestic air traffic, expected to surpass 150 million in FY19, fueled by the remarkable capacity expansion initiated by airlines.

Presently, a robust aviation ecosystem thrives in India, boasting around 115 domestic airlines and over 60 international airlines. This flourishing landscape is underpinned by significant infrastructure modernization, substantial investments, expanding air fleets, and a thriving economy, rendering the aviation sector the hottest and most promising career avenue.

India, currently the ninth-largest civil aviation market globally with a market size of USD 16 billion, is on track to become the third-largest aviation market by 2020 and the largest by 2030. Central to this growth is the innovative initiative known as UDAN (Ude Desh ka Aam Naagrik), a regional airport development and "Regional Connectivity Scheme" (RCS) by the Government of India. The primary objective of UDAN is to democratize air travel, making it affordable and accessible to the common citizens, thereby catalyzing inclusive national economic development, job creation, and air transport infrastructure enhancement across all regions and states.

UDAN, a first-of-its-kind scheme globally, operates through a market-based mechanism, stimulating regional connectivity and bolstering economic development. The aviation industry's pivotal role in supporting the global economy is underscored by the fact that 3.5% of the world's economy relies on aviation, sustaining 6.3 million livelihoods through air transport.

Over the last five years, passenger growth has skyrocketed from 40 million to 110 million, with projections indicating an upward trajectory towards 150 million by 2020. This exponential surge in demand underscores the need for skilled professionals to navigate the complexities of this dynamic industry.

In this landscape of burgeoning opportunities, pursuing Aviation Courses in Bangalore and Aviation Courses in Dehradun emerges as a strategic move. As the industry continues to expand, the demand for qualified individuals with specialized knowledge is on the rise. Moreover, considering the substantial growth, individuals with expertise in aviation are likely to be at the forefront of this exciting journey.

Aspiring aviation professionals must not only focus on gaining knowledge but also consider the economic aspect, including Aviation Course Fees. Fortunately, the potential return on investment in terms of a fulfilling career and the industry's continuous growth makes it a wise and lucrative choice.

In conclusion, India's aviation industry is not just a sector; it's a realm of boundless opportunities. As it propels towards becoming the largest aviation market globally, those with the foresight to invest in their skills through strategic educational pursuits, such as Aviation Courses in Bangalore and Aviation Courses in Dehradun, are likely to soar to new heights in this dynamic and ever-evolving industry.

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