The Indian aviation industry has witnessed an impressive growth during the past few years, with major contribution from the civil aviation segment. The market has been strongly supported by the government and the private sector. Availability of skilled manpower along with favorable business environment will position India as one of the most attractive investment destinations in the coming years.
It is currently the 9th largest aviation market in the world. On the basis of strong market fundamentals, it is anticipated that the civil aviation market will register more than 16 per cent CAGR during 2010-2013.
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