Aerospace Garage

Market Forecasts

Indian Aviation Sector Projected to Experience Substantial Valuation Growth

Market analysts at Mordor Intelligence anticipate a significant expansion of the Indian aviation market driven by aggressive infrastructure investment and rising domestic passenger volumes.

Aerospace Garage desk

The Indian aviation landscape is undergoing a structural shift as the government prioritises regional connectivity and airport modernization. Large-scale capital injections into greenfield airport projects and the expansion of existing hubs are creating a robust foundation for fleet growth. Analysts suggest that the combination of a burgeoning middle class and competitive low-cost carrier models will sustain double-digit growth rates in passenger traffic over the coming decade.

Furthermore, the surge in demand is necessitating a parallel expansion in the domestic maintenance, repair, and overhaul sector. As Indian carriers place record-breaking narrow-body aircraft orders, the need for localized supply chain solutions and technical services is becoming a primary driver for sectoral valuation. This maturity in the ecosystem is expected to attract increased foreign direct investment into aerospace manufacturing and training facilities across the subcontinent.

What to watch: Increase in total narrow-body aircraft deliveries to Indian carriers through 2030.

Air Transport deskSouth Asia27 Oct 2026