The Civil Aviation Industry in India has emerged as one of the fastest growing industries in the country during the last three years. India is currently considered the third largest domestic civil aviation market in the world. India is expected to become the world’s largest domestic civil aviation market in the next few years. The Civil Aviation Industry has ushered in a new era of expansion, driven by factors such as Low-Cost Carriers (LCCs), modern airports, Foreign Direct Investment (FDI) in domestic airlines, advanced information technology (IT) interventions and growing emphasis on regional connectivity. “UDAN” scheme is driving the growth of civil aviation connectivity and infrastructure in India.
Since the Aviation Industry is flourishing rapidly across the globe, and the technology used is similar everywhere, the job opportunities are limitless. Aviation Industry has various exciting career options if anyone is looking something different other than medical line and regular engineering course. Those who dream of hitting the skies can opt to be at pilot’s seat or on the ground. Careers in aviation offer many opportunities like Commercial Pilot, Aircraft Maintenance Engineering and Mechanics, Aeronautical Engineers, Airhostess, Ground staff, Flight Dispatchers and other various posts in airport operations.
India’s domestic aviation market has become the third largest in the world and the overall civil aviation market* in India is all set to become the world's third largest by 2020. By 2020, passenger traffic at Indian airports is expected to increase to 421 million.
Domestic passenger traffic expanded at a Compound Annual Growth Rate (CAGR) of 13.91 per cent over FY06–18. International passenger traffic posted a CAGR of 9.36 per cent over FY06-18. Freight Traffic grew at a CAGR of 7.53 per cent over FY06-18. Freight Traffic is expected to grow at a CAGR of 7.27 per cent to reach 4.14 million tonnes in FY23.
The Government of India has launched regional connectivity scheme named UDAN (Ude Desh ka Aam Nagrik) to make flying affordable for common man.
AAI is going to invest Rs 15,000 crore (US$ 2.32 billion) in 2018-19 for expanding existing terminals and constructing 15 new ones. It has opened airport sector to private participation, six airports across major cities are being developed under the PPP model. The Airports Authority of India (AAI) aims to bring around 250 airports under operation across the country by 2020.
According to various estimates, India will require investments worth Rs 3 - 4 lakh crore (US$ 46.55 - 62.06 million) to achieve a capacity for having a billion trips per year.