India’s aviation growth story has all the perfect ingredients working in sync — a growing middle-class forecast to hit 300 million+, economic growth averaging 7 percent+ per annum, expanding urbanisation, improving infrastructure and favourable demographics. Indeed, consensus forecasts estimate that India will be the third largest aviation market by 2030. Yet, in such a market where two large established airlines are up for sale, investor interest has been limited at best.
From a valuation perspective, on first glance, there are several aspects that would lend themselves towards increased earnings and a profitable exit for an investor. But a closer examination of the valuation drivers gives a very different picture.
See what are they >>
10/4/19 Satyendra Pandey/CNBC TV18
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From a valuation perspective, on first glance, there are several aspects that would lend themselves towards increased earnings and a profitable exit for an investor. But a closer examination of the valuation drivers gives a very different picture.
See what are they >>
10/4/19 Satyendra Pandey/CNBC TV18
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