Siliconindia Magazine

For The Aspiring Flying Navigators

The Indian Aviation industry grew at a CAGR of 11.13 percent between FY16 and FY-20. Aircraft movement grew at a CAGR of 9.56 percent from 1.60 million in FY16 to 2.59 million in FY20. Also, during the same timeline, the domestic aircraft movement increased at a CAGR of 9.83 percent and international aircraft movement expanded at a CAGR of 3.57 percent (these data are collected from (ibef.org). Only the growth data can implicate a lucrative and attractive career in the aviation sector. As the third-largest domestic civil aviation market in the world, Indian civil aviation emerged being one of the fastest-growing sectors in the world. According to the Department of Industrial Policy and Promotion (DIPP), it is projected that the Indian aviation industry will witness Rs. 1lakh crore...