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Indian aviation market has huge potential: Experts

by Blitzindiamedia
July 19, 2023
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COLOMBO: India’s aviation market has a ‘huge potential’ waiting to be tapped, and a growing middle-class and a young population usually showing a greater propensity to travel will contribute to its growth, top experts of the industry felt. Besides, privatisation of airports has been a ‘big boost for aviation’, and huge investment is happening in new airports and existing airports in India, said Nipun Aggarwal, Chief Commercial & Transformation Officer, Air India.

Nipun Aggarwal of Air India, CEO of IndiGo, Pieter Elbers; CEO of Sri Lankan Airlines, Richard Nuttall and Country Director for the International Air Transport Association (IATA) in India Amitabh Khosla, were among leaders of the aviation industry who took part in Indian Travel Congress 2023 hosted recently in Colombo, as part of the efforts to boost tourism in the cash-strapped island nation.

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The industry experts concurred that the growth in the aviation sector will in turn fuel the growth in the tourism sector, both of which were badly hit globally after the outbreak of the COVID-19 pandemic, but have shown resilience, and are recovering on the right trajectory.

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