CAPA estimates that the growth of India's aviation sector has the potential to absorb upto US$ 120 billion of investment by 2020

The Government of India also raised FDI in the cargo sector from 49% to 74%, to facilitate building of dedicated cargo airports across the country

35 non-metro airports under AAI are being modernized and upgraded – the estimated cost will be approx. US$ 1.2 billion

The Business Aviation industry in India is expected to grow by 30-40% over the next 3 years

Indian domestic air traffic will grow at 25% to 30% a year until 2010. International air traffic will grow by 15% over the same period

All major airlines in India are partnering with overseas companies to set up dedicated MRO facilities across the country

The Indian civil aviation sector is expected to require 5,000 additional pilots in 5 years

With air passenger traffic expected to grow to beyond 400 million by 2020, the demand for aircraft, airports, pilots, training institutes, ground-handling personnel, etc., is expected to increase accordingly

Currently, almost 1,000 foreign pilots have already been engaged by domestic carriers

According to CAPA estimates, there is a market for 500 general aviation aircraft by 2020, which may even reach 1,000 if the replacement of current fleet is included – presenting a business opportunity of US$ 80 million