ICRA has maintained its stable outlook on the Indian aviation industry, even as it navigates a challenging period marked by operational disruptions and revised growth projections. While the industry is expected to face a significant net loss of Rs. 170-180 billion in FY2026, the outlook rema
The direct employment in the aviation and aeronautical manufacturing sector is around 250,000 employees, Union Minister of State in the Ministry of Civil Aviation Gen (Dr) VK Singh (Retd) informed Lok Sabha earlier this week.