The U.S. Trade and Development Agency (USTDA) and the Ministry of Civil Aviation – Government of India (GOI), in partnership with the U.S.-India Aviation Cooperation Program, will host the 7th biennial U.S.-India Aviation Summit, in the spring or summer 2021, in Washington, D.C. The Summit will bring together senior representatives from the public and private sectors of India and the U.S. to bolster long-term strategic and commercial aviation cooperation, led by activities under the USTDA-sponsored U.S.-India Aviation Cooperation Program (ACP).
This year’s Summit will examine the impact of the global health crisis on aviation in general and airports in particular, the aftermath of the business disruption that resulted, and plans that will lead to recovery of the sector in the U.S. and India.
Leading up to the pandemic, India’s civil aviation sector — valued at $16 billion per year — was on a high-growth trajectory that had poised it to be the third largest market globally this year and, potentially, the largest by 2030.
Faced with this growing demand, the GOI in 2016 launched the country’s first National Civil Aviation Policy, which lays out plans for modernizing existing airports, developing new facilities, and attracting greater investment in India’s aviation sector. Pre-pandemic passenger traffic demand was growing faster than airport capacity and, by 2025, most of India’s large cities were expected to require a second airport, with Mumbai potentially needing a third airport by 2030. To keep up with demand, India’s airport capacity would need to grow by 90 million passengers annually. The Summit will examine changes to this dynamic and the impact on India’s aviation plans.
The Summit will offer a technical, policy, and commercial forum to assist India civil aviation agencies and aviation industry representatives, including private sector airlines and airport operators, to identify advanced U.S. technologies and practices that can support their expansion and modernization efforts. The event will also outline new project opportunities for U.S. companies. For more information, visit US-IndiaAviationSummit.com.
The American Association of Airport Executives (AAAE) is organizing the Summit on behalf of USTDA. Contact Spencer Dickerson, AAAE, in the United States for further details at +1 703.578.2511 or email@example.com.