India's Civil Aviation Sector Recognized as Critical for Future Economic Growth at ET NOW Global Business Summit

India's Civil Aviation Sector Recognized as Critical for Future Economic Growth at ET NOW Global Business Summit

Trending

|

8 months ago

At the ET NOW Global Business Summit 2026, infrastructure leaders highlighted the crucial role of civil aviation in India's economic growth. Lim Ming Yan, Chairman of Changi Airport Group, articulated that aviation is essential for connecting Indian cities domestically and globally, reinforcing India’s plans for significant airport expansion and infrastructure development.

He noted that India’s aviation sector has seen substantial progress over the last two decades, with expectations of continued growth over the next 10 to 20 years. This development is building an ecosystem where airports, railways, and other transport systems work synergistically to support the country's economic objectives.

Foreign Investment and Collaboration

The discussion also examined the surge of foreign and private investments in Indian airports. Changi Airport Group expressed interest in further expansion within India, emphasizing the importance of local partnerships and understanding regulatory and operational environments to ensure successful ventures.

Prasoon Mukherjee remarked on Singapore’s existing contributions to India’s infrastructure sectors including telecom, aviation, and logistics. He underlined the necessity for greater active participation from Singaporean investors to leverage India's attracting economic opportunities.

Overall, the summit concluded that civil aviation is an indispensable component of India's infrastructure strategy, enabling increased connectivity, boosting international competitiveness, and supporting the country’s broader development plans.

Airspace Times Team

Airspace Times Team

Aviation news desk

Published: 14 Feb 2026

Source: ET NOW

Share to:

Latest news

powered by We Do Dev Work

We use cookies and similar technologies to enhance your Browse experience, personalize content and ads, provide social media features, and analyze our traffic. By clicking 'Accept All' or continuing to use our website, you consent to the use of cookies as described in our Cookie Policy