Don’t expect India’s outbound travel to overtake China’s soon
India’s travel industry may not overtake China soon but there are still ‘massive’ opportunities
Travel demand to and from India is expected to grow as the country’s middle class expands and more residents travel abroad for the first time, Brendan Sobie, independent analyst at Sobie Aviation said. But “don’t expect India to be a bigger outbound market than China anytime soon.”
Key takeaways
- The South Asian nation may be set to overtake China as the world’s most populous country, but there remains a “massive gap” between their aviation markets;
- China’s total fleet is almost five times the existing Indian fleet, for an almost equal population;
- In addition, only 7.3% of India’s current population holds a passport.
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