India's travel industry may not overtake China soon but there are still 'massive' opportunities

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India is ramping up spending on its aviation industry by billions of dollars, but its outbound travel market is unlikely to overtake China's anytime soon.

India's airline industry may be on a strong growth trajectory — but don't expect India's outbound travel to overtake China's soon, aviation analysts say.

Crowd of travelers wait to check-in for their flight at Indira Gandhi International Airport in Delhi, India, on May 31, 2022.India's airline industry may be on a strong growth trajectory — but don't expect India's outbound travel to overtake China's soon, aviation analysts say. Although India has the world's third largest aviation market, "China's total fleet is almost five times the existing Indian fleet, for an almost equal population," she said, highlighting it was "indicating room for expansion."India's robust growth trajectoryIn comparison to China, India has a larger share of young adults, with 40% of its population under 25 years old, Dhavala said.

"Without infrastructure investments the risk is there would be a demand for more flights but not enough infrastructure to handle the flights, particularly in major cities," Sobie said.

 

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