Market Trends

IMARC Group, a leading market research company, has recently releases report titled “ India Business Jet Market Report by Type (Light, Medium, Large), Business Model (On-Demand Service, Ownership), Range (< 3,000 NM, 3,000 - 5,000 NM, > 5000 NM), Point of Sale (OEM, Aftermarket), and Region 2024-2032 ”. The India business jet market size is projected to exhibit a growth rate (CAGR) of 6.70% during ​2024-2032​. The growing number of high-net-worth individuals as well as corporate entities looking for efficiency and convenience in travel are the factors responsible for the growth of India business jet market. Additionally, as the economy expands and global business connections intensify, the demand for private aviation solutions has surged. Business jets offer unparalleled advantages, such as time- savings, enhanced privacy, and the ability to reach remote destinations that are not well-served by commercial airlines. The COVID-19 pandemic has further amplified this need as travele