Adani Airport Holdings manages 7 airports in India, with another one under development. A major player in the country's airport ecosystem, the company is looking at major investment from parent company Adani Enterprises to drive development before its prospective IPO.
There is an overall push in India to enhance air connectivity to smaller regions across the country. An increase in number of airports, increase in disposable income, and heightened interest in travel have given airlines the confidence to invest in expansion of their domestic operations. This is leading to Indians traveling more, domestically and internationally.
Cambodian tourists have largely visited India for religious travel to Buddhist sites and for affordable medical treatments. Meanwhile, Cambodia is hoping to attract more Indians – but much more than a direct flight is needed to attract the Indian travelers.
The Indian aviation sector is adding more airports across the country, and airlines are investing in upgrading and expanding their fleets. A consistent growth in domestic air passenger traffic is crucial to their return on investments, especially as international airlines are eyeing this growing consumer base.
Air India has been upgrading its fleet and investing heavily in new planes. An increase in grants under bilateral agreements to Middle East carriers threatens Indian carriers' share in carrying passengers to long-haul destinations, leading to a lower return on investment.
We're unpacking the travel industry's impact on jobs in India. There's no question the demand is there and companies want to hire. But we've also heard from industry leaders that it's going to be tough to retain the next generation of workers - changes are needed they say.