Aviation

The aviation sector in India is still hugely unexplored, with enormous development potential.

The aviation industry includes practically all elements of air travel as well as supporting activities. It covers the airline sector, aircraft manufacturing, R&D firms, military aviation, and much more.

Reasons for Investing in Indian Aviation Industry

According to IATA, India will replace China and the US as the world's 3rd largest air passenger market in the next ten years
A 33% growth rate is predicted in the MRO (Maintenance, Repair, and Overhaul) Industry
India has surpassed the United Kingdom to become the world's third-biggest domestic aviation market
India plans to invest US$ 1.83 billion in airport infrastructure as well as aviation navigation services
Indian government allows up to 49% FDI in automatic route.
A 15% increase in capacity of domestic flights announced by the Indian Ministry of Civil Aviation (MoCA)
Eight new flying academies are under construction to train aspiring Indian commercial pilots
The government is planning to start 14 more water aerodromes across the country.

Industry Growth Factors

Demand boost driven by growing middle-class population
Increased private sector participation through the Public-Private Partnership (PPP)
Removal of customs duty for aviation components, including engines, as per the new Union budget
Need for an increase in the number of airports to accommodate the growing aviation traffic
Indian government's Krishi UDAN scheme to assist farmers in transporting perishable agro products
Lifeline UDAN government scheme to transport essential medical cargo to remote locations
Growing focus on Sustainable Aviation Fuel (SAF) blends, biometric boarding systems, and water aerodrome projects

What we can do for you?

Step 1

Business Registration

Choose a suitable business structure
Register your business with the Ministry of Corporate Affairs (MCA).
Obtain a Digital Signature Certificate (DSC) and Director Identification Number (DIN).

Step 2

Compliance and Licensing

• Apply for necessary licenses and permits based on your consultancy services (e.g., GST registration, Professional Tax registration).
• Ensure compliance with local, state, and national regulations.
• Set up a business bank account and maintain proper financial records.

Step 3

Operational Setup

Establish a physical or virtual office space.
Hire skilled professionals and build a competent team.
Develop a marketing strategy to attract clients and grow your business.

Would you like more detailed information on any of these steps?

Have any questions?

info@teamindiaglobal.com

Call us

+91 11 4987 6020

Address