Indian aviation sector to grow at CAGR of 6% in next 20 years: IATA

India’s aviation sector is expected to grow at a Compound Annual Growth Rate (CAGR) of 6 percent in the next 20 years, revealed Andrew Matters, Head of Policy Analysis, International Air Transport Association (IATA). “We at IATA expect Indian aviation to cater to 430 million additional air passenger journeys to and from and within India in 2040 compared to 2019,” he said.

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