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Driven by robust growth in the aviation sector in the last decade, India is now the third-largest domestic airline market in the world, up from 5th position 10 years ago.
Ten years ago, India was the smallest market with around 8 million seats, followed by Indonesia at 4th and Brazil at 3rd place, and the US and China occupying the top two positions.
Today, the US and China remain the largest domestic aviation markets.
“However, India is surpassing the Brazilian and Indonesian domestic markets to become the third-largest domestic market with airline capacity of 15.6 million seats in April 2024,” according to OAG data.
India’s capacity growth rate of seats over a 10-year average is the highest, growing at 6.9 per cent annually.
______________________becomes India's top electronics exporter of FY 23 with the export worth USD 5.37 billion.
Gujarat
Karnataka
Tamil Nadu
Uttar Pradesh
Tamil Nadu’s electronics exports nearly tripled in one year to $5.37 billion in FY23 from $1.86 billion in the previous year. From the fourth spot in FY22, Tamil Nadu moved to the top spot in FY23.
Access to prime resources