With Its rapid growth trajectory by the year 2020, India's civil aviation industry is all set to become third largest in aviation Market and a decade later it is going to lead the world. With a business share of US $ 16 bn (approx.), India is currently the ninth largest civil aviation market in the world. The growth rate in domestic air traffic is 23 % over the previous year and is expected to cross 100 million passengers by 2020 (Source Asia Pacific Aviation) The world's leading aircraft manufacture AIRBUS estimates India's aviation industry will grow at 10% annually in the coming decades, which is double the average growth rate of aviation industry globally.
In terms of fund flow, skill reserves, capacity management, infrastructure availability and establishing strategic partner ships, both Boeing and Airbus are all set to expand their market in Indian aviation industry India's leading auto components manufacturer Bharat Forge Ltd and Rolls Royce have entered into JV to manufacture a varied range of aero engines. Tata advance system Limited (TASL) and Boeing have signed a JV to establish a center of excellence for the manufacture of aero structure in India.
It is an enterprising enterprise by a group of well experience professionals towards achieving a new milestone in the history of India and aviation industry creating a new trend in connecting main domestic destinations where it is a business, pilgrimage, traditional hub making fast and safe connectivity and this increase the economic growth and activity and overall development of the 2 tier cities/town. It is a venture and vision of Mr. Umesh Kamath of Dravidan Aviation Services and ignited by Mr. Prabhakar Reddy of Wings Aviation to develop and implement domestic private airports in different parts of India and to begin with Tamil Nadu as a pilot project, operate small aircrafts on scheduled and non-scheduled flights connecting with main airports of the state thus reducing the journey time, giving an overall boost to Industry, Trade, Infrastructure and Tourism of the state.