Current Affairs - International - Discussion

India is projected to become the world’s fastest-growing major aviation market by 2026, surpassing China's growth rate, with an expected air passenger traffic increase of 10.5% in 2026. This growth is driven by India's low per capita air travel, increasing middle-class aspirations, rapid infrastructure development, and supportive policies like UDAN and Gati Shakti. Despite China's leading market size, India’s high growth rate is fueled by the untapped potential in the aviation sector, indicating significant future growth. India’s long-term growth outlook remains robust, with a projected 5.5% compound annual growth rate (CAGR) until 2053.