The aviation industry in the Asia-Pacific region has been witnessing strong growth over the past few years.
This growth, which is mainly driven by increasing demand for new aircraft deliveries and increasing air traffic in this region, is expected to boost the global flight simulator market.
The aviation industry’s growth can also be attributed to the increase in trade & tourism, as well as increasing disposable income of the middle class population in emerging economies, such as India and China.
India, the fastest growing domestic aviation market in the world, is expected to grow at an annualised 9.3% over the next 20 years, outpacing the world average of 4.6%.
Airline Joint Ventures
With Boeing raising forecast for demand for civil aircrafts in India by 6% to 1,850 new planes in the next 20 years based on an elaborate method of calculation, there is no doubt that the aviation sector is in for a big growth.
Thus to tap this tremendous potential; airlines around the globe forming the joint ventures with the right strategic partners in India.
Mining underpins much of technology and industries as well as modern society in general. A successful mine should be run efficiently and responsibly from exploration through to closure, with sound economic management every step of the way.
Focusing on the life cycle of a mine and discovering the technical and economic issues that affect the exploration, planning, operation and closure of a large-scale mining project.
Potential at its best
In India, the healthcare industry is growing at a tremendous pace. This is due to the rise of incomes, easier access to high-quality healthcare facilities and greater awareness of personal health and hygiene.
The total industry size is expected to touch US$ 160 billion by 2021 and US$ 280 billion by 2024. We expect to register a compound annual growth rate (CAGR) of 22.9% during 2021- 24 to US$ 280 billion. The private sector has emerged as a vibrant force in India’s healthcare industry, lending it both national and international repute.
In addition, it accounts for almost 74% of the country’s total healthcare expenditure. Investment in healthcare infrastructure is set to rise, benefiting both ‘hard’ (hospitals) and ‘soft’ (R&D, education) infrastructure. Therefore, we can say healthcare businesses have immense potential for new entrepreneurs.