Dreamy Flight to prosperity for Indian Engineering students.
Date:28th October 2014
Posted By: Sudipto Ghosh
As per the survey report by the International Air Transport Association, engineering students pursuing education in India will have fruitful career opportunities in the aviation market in the coming years
A recent survey by the regulatory body of International aviation segment has announced the prospect of India in becoming a top aviation market. This is great news for the engineering students pursuing their curriculum in India.
Students pursuing their engineering curriculum in India can dream of a fairytale innings in the aviation sector. In a recently published survey, India is set to gain the maximum advantage from the boom in commercial aircraft industry. Rated as a top destination for aviation engineering in coming years, India will be among the top 5 hubs in the segment. By the turn of the next decade, India will climb 2 places to be ranked as fifth largest aviation market. By 2030, it stands a great chance to pitch its market among the top 3 aviation giants.
As per the recent survey report published by the International Air Transport Association, India is a growing prospect for foreign investment and aviation industry needs manpower and technical assistance. India offers both at a reasonably high quality. Indian engineers have already played a big role in the commercial evolution of the Digital Platform. Now the eyes are all set on the aircraft and aviation science. In all likelihood, apart from the Indian engineers, even a healthy batch of foreign students may choose India as their educational destination. It is a win-win situation for the Indian Universities offering engineering degrees and diplomas. The engineering students can now avail the opportunity to meet the educational delegates from abroad invited as part of aviation-centric conferences backed by a strong management to drive the economy.
No country listed among the top 10 aviation markets shows the promise as India does currently. Ranked ninth in the present listing, India would have added a massive volume of over 350 million passengers availing its services. China and USA would be its competitors by 2025, hoping that the rate of progression continues even beyond the projected term of survey report. If the projections come true, Indian education system would have to churn out quality engineers and technical specialists to handle the bulk demands. The rating is likely to support over 110 million jobs. Considered to be a minefield investment hub, India would add around USD $6 trillion into its GDP by the end of year 2030.
This is what India needs to focus if it wants to cash onto the prospects of making it big in the market.
The report, the first from the new IATA Passenger Forecasting service, analyzes passenger flows across 4,000 country pairs for the next 20 years, forecasting passenger numbers by way of three key demand drivers: living standards, population and demographics, and price and availability.
AUSIB is set to play a defining role in building a healthy ambience for the aviation industry. Just like its other educational initiatives, AUSIB promises to host delegates from USA who will tie up with the local Universities and help them set world-class training institutes for Aviation engineering students.