Union Minister of Civil Aviation Ram Mohan Naidu Kinjarapu said on Friday that India’s commercial airlines currently have outstanding deliveries of 1,640 aircraft, which translates into a $50 billion opportunity for the country’s leasing ecosystem over the coming decade.
Addressing the India Aircraft Leasing and Financing Summit 2.0 at GIFT City here, the minister said India’s commercial aircraft fleet is expected to reach 1,100 aircraft by 2027 and expand to over 2,250 by 2035, reflecting the scale of opportunity in the leasing sector.
He further stated that India is positioning itself not only as one of the world’s fastest-growing aviation markets, but also as an emerging global aviation financing and leasing jurisdiction.
He projected a significant expansion of India’s commercial fleet across aircraft categories over the coming years, underscoring the urgent need for a strong domestic financing and leasing ecosystem to support this growth.
Ram Mohan Naidu also highlighted the major commitments fulfilled following the first India Aircraft Leasing and Financing Summit.
He referred to the enactment of the Protection of Interests in Aircraft Objects Act, 2025, describing it as a landmark reform aligning India’s legal framework with the Cape Town Convention.
He stated: “For years, lessors faced prolonged delays in exercising their Irrevocable Deregistration and Export Request Authorisation rights, increasing costs for Indian airlines and ultimately impacting passengers through higher airfares.”
09/05/2026 Investment Guru India
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