1. Home
  2. Infrastructure Transport
  3. AVIATION & AIRPORTS
  4. Aviation Sector Eyes 25 Years of Growth Under PM Modi
Aviation Sector Eyes 25 Years of Growth Under PM Modi
AVIATION & AIRPORTS

Aviation Sector Eyes 25 Years of Growth Under PM Modi

17 Jun 2024 2 Min Read CW Team
Prime Minister Narendra Modi has unveiled ambitious plans to propel India's aviation sector into a new era of growth, envisioning substantial advancements and expansion over the next 25 years. The initiative, aimed at transforming India into a global aviation hub, encompasses strategic reforms and investments to enhance infrastructure, connectivity, and operational efficiency.

PM Modi's vision for the aviation sector focuses on leveraging technological innovation and policy reforms to foster sustainable growth and competitiveness. The government aims to modernise airports, upgrade air navigation services, and promote the use of advanced aviation technologies to meet rising passenger and cargo demands.

Key aspects of the plan include developing new greenfield airports, enhancing regional connectivity through the UDAN scheme, and integrating digital solutions to streamline air travel operations. These initiatives are designed to enhance the overall travel experience, boost tourism, and facilitate economic development across the country.

The aviation sector's growth trajectory aligns with India's broader economic ambitions, aiming to attract investments, create jobs, and stimulate growth in related industries such as tourism, hospitality, and manufacturing. PM Modi's emphasis on sustainable and inclusive development underscores the importance of balanced growth while mitigating environmental impact.

Stakeholders in the aviation industry, including airlines, airport operators, and aviation service providers, are poised to benefit from the government's proactive measures and support for sectoral expansion. The initiative is expected to enhance India's global connectivity and competitiveness in the international aviation market, positioning the country as a key player in global air transportation over the coming decades.

Prime Minister Narendra Modi has unveiled ambitious plans to propel India's aviation sector into a new era of growth, envisioning substantial advancements and expansion over the next 25 years. The initiative, aimed at transforming India into a global aviation hub, encompasses strategic reforms and investments to enhance infrastructure, connectivity, and operational efficiency. PM Modi's vision for the aviation sector focuses on leveraging technological innovation and policy reforms to foster sustainable growth and competitiveness. The government aims to modernise airports, upgrade air navigation services, and promote the use of advanced aviation technologies to meet rising passenger and cargo demands. Key aspects of the plan include developing new greenfield airports, enhancing regional connectivity through the UDAN scheme, and integrating digital solutions to streamline air travel operations. These initiatives are designed to enhance the overall travel experience, boost tourism, and facilitate economic development across the country. The aviation sector's growth trajectory aligns with India's broader economic ambitions, aiming to attract investments, create jobs, and stimulate growth in related industries such as tourism, hospitality, and manufacturing. PM Modi's emphasis on sustainable and inclusive development underscores the importance of balanced growth while mitigating environmental impact. Stakeholders in the aviation industry, including airlines, airport operators, and aviation service providers, are poised to benefit from the government's proactive measures and support for sectoral expansion. The initiative is expected to enhance India's global connectivity and competitiveness in the international aviation market, positioning the country as a key player in global air transportation over the coming decades.

Next Story
Infrastructure Transport
24 Jan 2025

India to Form Consortium, Launch Bharat Shipping Line to Boost Trade Ties

India plans to establish a consortium involving equity participation by public sector enterprises to bid for operating overseas port asset. The stakeholders in this entity, tentatively named Bharat Global, will include the Indian Port Rail & Ropeway Corporation, Sagarmala Development Company, and the Shipping Corporation of India (SCI). A senior official remarked, “The consortium will replicate the Chabahar port model in other strategic locations.” India also plans to operationalise Bharat Container Shipping Line as a vertical within SCI to mitigate global trade disruptions. The move ali..

Read More
Next Story
Infrastructure Energy
24 Jan 2025

NTPC Group Reaches 350 BU Mark in 295 Days, 11 Days Before FY24

NTPC Group has set a new record in power generation, achieving 350 Billion Units (BU) of electricity production in the financial year 2024-25. This milestone was reached on January 20, 2025, marking the fastest accomplishment of this scale in the company’s history. It was achieved in just 295 days, which is 11 days earlier than the same milestone achieved in the previous financial year on January 31, 2024. The company boasts an installed capacity of 76.5 GW and has 29.5 GW of capacity under construction. This includes 9.6 GW of renewable energy projects, highlighting NTPC's focus on clean e..

Read More
Next Story
Infrastructure Transport
24 Jan 2025

Indian Railways Collaborates with Sparsh CCTV for Station Security

Sparsh CCTV, a leader in electronic surveillance, has teamed up with Indian Railways to enhance security and operational efficiency for the newly inaugurated Jammu Railway Division. This partnership coincides with the launch of three new trains, marking a historic step in improving connectivity between Kashmir and the rest of India. Sparsh CCTV previously played a key role in securing the Maha Kumbh at Prayagraj, ensuring the safety of millions of pilgrims. Sparsh’s comprehensive surveillance solutions have been vital in the success of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), a pr..

Read More

Opinion Poll

Question : Which technological advancement do you believe will most transform the real estate industry in the coming years?

Latest updates

India to Form Consortium, Launch Bharat Shipping Line to Boost Trade Ties
PORTS & SHIPPING
24 Jan 2025

India to Form Consortium, Launch Bharat Shipping Line to Boost Trade Ties

NTPC Group Reaches 350 BU Mark in 295 Days, 11 Days Before FY24
POWER & RENEWABLE ENERGY
24 Jan 2025

NTPC Group Reaches 350 BU Mark in 295 Days, 11 Days Before FY24

Indian Railways Collaborates with Sparsh CCTV for Station Security
RAILWAYS & METRO RAIL
24 Jan 2025

Indian Railways Collaborates with Sparsh CCTV for Station Security

Vande Bharats to Run on Bullet Train Corridor until Shinkansens Arrive
RAILWAYS & METRO RAIL
24 Jan 2025

Vande Bharats to Run on Bullet Train Corridor until Shinkansens Arrive

Himachal Pradesh Seeks Bids for 8 MW Solar Projects
POWER & RENEWABLE ENERGY
24 Jan 2025

Himachal Pradesh Seeks Bids for 8 MW Solar Projects

Knauf India Appoints Vijay Mishra as Commercial Director
ECONOMY & POLICY
24 Jan 2025

Knauf India Appoints Vijay Mishra as Commercial Director

Avg. Flat Sizes Up 7% in Top 7 Cities in 2024
Real Estate
24 Jan 2025

Avg. Flat Sizes Up 7% in Top 7 Cities in 2024

Baner River Bridge Delay Causes Hardship, PWD Faces Criticism
ROADS & HIGHWAYS
24 Jan 2025

Baner River Bridge Delay Causes Hardship, PWD Faces Criticism

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000