Wednesday, December 12, 2007

AVIATION INDUSTRY IN INDIA


Growing at a rate of 18 per cent annually, the Indian civil aviation market holds out great promise for potential investors into the sector. The International Air Transport Association (IATA) in its latest estimates this October reckons India to be a driving force behind the world’s civil aviation business that is globally expected to grow from US$ 5.1 billion to US$ 5.6 billion this year.