Connectivity continues to be an important parameter for the growth of civil aviation. Economic studies conducted across globe indicates that airports contribute ~4% to GDP in developed countries while ~1% to GDP in developing countries. This potential for air traffic growth and its subsequent economic impact requires adequate government support to be fully realized in India.
While till now, the Indian Aviation Industry's growth was led by development of metro-to-metro connectivity, the sector is now shifting its focus to hub development. A hub-feeder network model will connect smaller cities with the hubs and promote regional and remote connectivity. Also the growth would be more uniform, with inclusive growth of northern and north eastern states along with the southern and western states that house many of the country's economic centres. Given the immense potential and opportunities for the Indian Aviation Sector and the issues being faced, the government has formulated the New Civil Aviation Policy, 2016 with a thrust on encouraging investment and participation in the sector.
The city of Delhi is not only India's Capital but also a political & business hub of the country, apart from being one of the major Aviation Hubs in the country and a growing Trade Show destination. With participants across all aspects of the Aviation sector and a vibrant Exhibition environment, this Expo provides an ideal platform for industry stakeholders to come together and evaluate business ideas, brainstorm on new business models, identify partnership opportunities and conduct business.