The Indian aviation sector witnessed “a 48.9% yearly increase in domestic traffic”, informed the Union Minister for Civil Aviation Jyotiraditya Scindia, on Saturday. He also praised Prime Minister Narendra Modi for “strengthening the sector”.
“A 48.9% yearly increase in domestic traffic highlights PM @narendramodi Ji’s approach of strengthening the sector through integral policy reforms, critical technology & strategic investment. Indian aviation is indeed leading the road to robust recovery,” tweeted the minister.
Domestic traffic was 827,45,079 in December 2021. In December 2022, it increased to 1232,42,014. YoY (year-on-year) growth was 48.9 per cent, the minister further informed.
According to the International Air Transport Association (IATA), aviation in India is the fastest-growing aviation market in the world. Reportedly, the hub of India’s aviation manufacturing industry is Bangalore which has had a huge share of this economic sector since 1924.
The Government of India’s UDAN – regional connectivity scheme – is driving the growth of civil aviation and aviation infrastructure in the country.
Ude Desh ka Aam Naagrik (UDAN) is a regional airport development program of the central government. It is also a part of the Regional Connectivity Scheme (RCS) of upgrading under-serviced air routes in the country. It was launched on 21st October 2016 by the Modi government.
22/01/23 Anurag Kumar/Financial Express
To Read the News in full at Source, Click the Headline
0 comments:
Post a Comment