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How india's improving economy has effected the development of the aviation industry?

Explain how India's improving economy have effected in the development of Aviation industry?

  • Answer:

    10 years back there were just 2 airlines. Both state owned. In the last 10years the economy has opened up. India has experienced growth rate of 8% per year. The main factors which affect the Indian economy are: - Increased no. of domestic airlines - Low cost airlines - India’s improving economy The other factors are: - Increased in no. of business travellers to different countries - Increased no. of incoming tourists and business enterprises

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India's improving economy means that the average person's standard of living, opening new doors and opportunities to them. And one of the big things that they see bollywood stars etc doing is flying. And now a larger proportion has the money to fly then they feel why shouldn't they. Therefore, more planes needed, more flights scheduled etc etc etc

Mike

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