Indian carriers to increase their fleet size to 1,100 aircraft by 2027: Report

Invest India, the National Investment Promotion and Facilitation Agency, has revealed that India aims to become the third-largest aviation market globally by 2024. According to the report, India plans to revive its aviation infrastructure by redeveloping 200 airports and airstrips, thus creating numerous investment possibilities for global investors. The report also states that, Indian carriers plan to increase their fleet size to 1,100 aircraft by 2027.