India's Aviation Market Soars with Udan Scheme Expansion

Already the world's fastest-growing aviation market, India is set to witness a surge in air travel with a modified version of the 'Ude Desh Ka Aam Naagrik' (Udan) scheme. In her Budget speech, finance minister Nirmala Sitharaman announced plans to expand regional connectivity to 120 new destinations, aiming to carry 4 crore passengers over the next decade.

New Airports and Enhanced Connectivity

She also proposed new greenfield airports for Bihar, along with the expansion of the Jay Prakash Narayan International Airport in Patna and the development of a brownfield airport at Bihta near Patna. This move is expected to significantly boost regional connectivity and tourism.

Boosting Tourism and Aviation Ecosystem

The push to develop tourism by enhancing the country's top 50 destinations, streamlining e-visa facilities, and introducing visa-fee waivers for select tourist groups is expected to drive air traffic further. Meanwhile, Indian airlines continue their rapid expansion, reinforcing the country's position as a growing aviation hub.

Industry Leaders Weigh In

IndiGo CEO Pieter Elbers and Air India Express MD Aloke Singh both highlighted the importance of the Budget's initiatives for developing a future-ready travel ecosystem, emphasizing the role of aviation in economic progress and national growth.