Minister for Aviation Ashoka Gajapathi Raju and Telangana CM K Chandasekhar Rao will be launching the International Exhibition and Conference on Civil Aviation sector by name Wings India 2018 in Hydereabad.
The event is to , provide a congenial forum catering to the rapidly changing dynamics of the sector, focusing on new business acquisition, investments, policy formation and regional connectivity.
It will provide a much-desired fillip to the aviation and restructured focused forums shall be instrumental in attaining the objective of connecting the Buyers, Sellers, Investors and other stakeholders at a common vantage forum ‘WINGS INDIA 2018′ from 8- 11 March , Begumpet Airport , Hyderabad, India.
Hyderabad is the hub of Aviation is remain the natural host of the event.
India is one of the fastest growing aviation market and currently the ninth largest civil aviation market in the world with a market size of around US$ 16 billion.
India is projected to be the third-largest aviation market by 2026 and the largest by 2030.
During the FY 2017, domestic air passenger traffic growth year over year is 20 percent.
The airlines operating in India are projected to record a collective operating profit of Rs. 8,100 crore (US$ 1.29 billion) in fiscal year 2016.
Airports across the globe are planning on increasing their spending on new technology to keep up with surging passenger traffic, which is expected to double to 370 million by 2020.