5.5 crore-passenger market at stake: UDAN’s progress and challenges
The Indian aviation industry is staring at a huge market of 5.5 crore passengers which needs wings, figuratively, Air India Chairman Ashwani Lohani said on Thursday. The aviation industry has a massive growth potential if only adequate infrastructure in terms of airports etc is provided.
The states should subsidise travelling and eliminate VAT as it will act as a catalyst, Lohani said at an event. “Tourism is on an upswing. Currently, just at the fringes, there is a long way to go for the industry,” he said.
So what exactly is the obstacle in reaching the goals of UDAN?
