Union Civil Aviation Minister Jyotiraditya M. Scindia on Wednesday said there is a significant expansion in India’s aircraft fleet, which has gone over 700 aircraft – rising by over 100 per cent within the past nine years.
Unveiling the ongoing capital expenditure (capex) initiatives in the aviation sector, amounting to Rs 1 lakh crore, he said it is anticipated that the private sector will contribute approximately Rs 70,000 crore to this endeavor.
Addressing a press conference here, Scindia said that domestic air travel in India has soared by an astonishing 130 per cent, with an estimated annual count of 145 million passengers exploring the country’s skies.