Indian Urban Air Mobility Market: Rs 6.2M by 2033
AVIATION & AIRPORTS

Indian Urban Air Mobility Market: Rs 6.2M by 2033

The Urban Air Mobility (UAM) infrastructure market in India is poised for substantial expansion, projected to attain Rs 6.2 million by 2033, with a compound annual growth rate (CAGR) of 22.38per cent, states a recent report.

BIS Research highlights that the Indian UAM infrastructure sector, especially in passenger and cargo gate-to-gate operations, is set to experience consistent growth from 2023 to 2033. UAM envisions integrating aerial transportation services into urban transport systems, providing swift and effective mobility solutions.

With a focus on electric Vertical Take-Off and Landing (eVTOL) aircraft, UAM services have the potential to tackle congestion, shorten travel times, and enhance urban connectivity.

The CAGR projections for different segments include 26.83per cent (Rs 3.1 million) for passenger gate-to-gate operations, 18.55per cent (Rs 2.5 million) for cargo gate-to-gate operations, and 29.81per cent (Rs 0.6 million) for hybrid passenger and cargo gate-to-gate operations by 2033.

Faisal Ahmad, Co-Founder & CEO of BIS Research, points out that India's intricate urban congestion and transportation infrastructure have paved the way for Urban Air Mobility (UAM) services driven by the country's dynamic startup ecosystem.

While the Indian UAM market is in its nascent stages, the report highlights its significant growth potential. Plans for air taxi operations in India are anticipated to take off around 2025 with the establishment of an eVTOL manufacturing plant. Both Tata and Uber have shown interest in India's UAM infrastructure market, while the government actively explores policies and regulations to support UAM advancements.

The report also assesses other infrastructure facets such as charging and refuelling stations, maintenance and repair facilities (MRO), docking stations, and hub spots. Their current valuation stands at Rs 0.2 million, Rs 0.1 million, and Rs 0.1 million respectively (2023), projected to reach Rs 0.4 million, Rs 0.2 million, and Rs 0.3 million (by 2033), with a CAGR of about 9.37 per cent during the forecast period.

Cities like Mumbai, Bangalore, Chennai, and Hyderabad have been identified as potential hubs for initial UAM infrastructure development in India.

The Urban Air Mobility (UAM) infrastructure market in India is poised for substantial expansion, projected to attain Rs 6.2 million by 2033, with a compound annual growth rate (CAGR) of 22.38per cent, states a recent report.BIS Research highlights that the Indian UAM infrastructure sector, especially in passenger and cargo gate-to-gate operations, is set to experience consistent growth from 2023 to 2033. UAM envisions integrating aerial transportation services into urban transport systems, providing swift and effective mobility solutions.With a focus on electric Vertical Take-Off and Landing (eVTOL) aircraft, UAM services have the potential to tackle congestion, shorten travel times, and enhance urban connectivity.The CAGR projections for different segments include 26.83per cent (Rs 3.1 million) for passenger gate-to-gate operations, 18.55per cent (Rs 2.5 million) for cargo gate-to-gate operations, and 29.81per cent (Rs 0.6 million) for hybrid passenger and cargo gate-to-gate operations by 2033.Faisal Ahmad, Co-Founder & CEO of BIS Research, points out that India's intricate urban congestion and transportation infrastructure have paved the way for Urban Air Mobility (UAM) services driven by the country's dynamic startup ecosystem.While the Indian UAM market is in its nascent stages, the report highlights its significant growth potential. Plans for air taxi operations in India are anticipated to take off around 2025 with the establishment of an eVTOL manufacturing plant. Both Tata and Uber have shown interest in India's UAM infrastructure market, while the government actively explores policies and regulations to support UAM advancements.The report also assesses other infrastructure facets such as charging and refuelling stations, maintenance and repair facilities (MRO), docking stations, and hub spots. Their current valuation stands at Rs 0.2 million, Rs 0.1 million, and Rs 0.1 million respectively (2023), projected to reach Rs 0.4 million, Rs 0.2 million, and Rs 0.3 million (by 2033), with a CAGR of about 9.37 per cent during the forecast period.Cities like Mumbai, Bangalore, Chennai, and Hyderabad have been identified as potential hubs for initial UAM infrastructure development in India.

Next Story
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?