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The Indian aviation sector ranks as the world's third-largest air passenger market, growing at an annual rate of 8.7%. However, only 6.5% of Indians hold valid passports, making it one of the most under-penetrated aviation markets globally.
The sector offers vast potential across specific areas, including airlines, where new groups are consolidating operations. Opportunities also exist in aircraft financing and leasing, maintenance, repair, and operations (MRO), and airport infrastructure development. With the industry set for growth, there is a notable shift towards sustainability. Recently, the Delhi Declaration - unanimously adopted by 29 APAC nations - emphasised the need for an environmentally sustainable future in air travel.
We help aviation businesses leverage technology for enhanced efficiency and harnessing the power of cutting-edge tools and processes to stay competitive and agile.
Our experts help you strategise and implement business plans to ensure sustainable growth.
We deliver data-driven market insights and analytics, empowering you to capitalise on emerging trends and competitive opportunities.
In the last 20 years, the Indian aviation sector has grown by 8.7% annually.
India's aviation sector experiences rapid growth, fuelled by increasing passenger demand, economic mobility, and forward-thinking policies.
Our Compliance management system ensures compliance risk management for operations. This helps firms meet regulatory requirements and follow internal policies.
Explore Grant Thornton Bharat's collaboration with GovEVA for digital ESG reporting solutions.
The city has been developed on a multi-service special economic zone (SEZ) and provides various direct and indirect tax benefits.
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