India to become 2nd fastest growing nation for passenger traffic: ACI

India has been projected to be the second fastest growing country in the world for passenger traffic by the Airports Council International (ACI) in its traffic forecasts between 2017-40. ACI has put Vietnam at the top position with a 8.4 per cent growth rate, followed by India at 7.5 per cent and Iran at 7.3 per cent. China has been placed at the 8th position with 5.9 per cent growth rate. In its forecasts, the ACI said by 2022, passenger traffic in emerging economies like India would surpass advanced economies.
By 2040, international passenger traffic would attain parity with domestic traffic, meaning more and more number of people would travel off shore with heightened economic activities, it said. By 2022, passenger traffic in emerging economies would touch 5.4 billion, slightly ahead of advanced economies at 5.3 billion.

Source: PTI