Indian Urban Air Mobility Market: Rs 6.2M by 2033

24 Aug 2023 CW Team

BIS Research highlights that the Indian UAM infrastructure sector, especially in passenger and cargo gate-to-gate operations, is set to experience consistent growth from 2023 to 2033. UAM envisions integrating aerial transportation services into urban transport systems, providing swift and effective mobility solutions.

With a focus on electric Vertical Take-Off and Landing (eVTOL) aircraft, UAM services have the potential to tackle congestion, shorten travel times, and enhance urban connectivity.

The CAGR projections for different segments include 26.83per cent (Rs 3.1 million) for passenger gate-to-gate operations, 18.55per cent (Rs 2.5 million) for cargo gate-to-gate operations, and 29.81per cent (Rs 0.6 million) for hybrid passenger and cargo gate-to-gate operations by 2033.

Faisal Ahmad, Co-Founder & CEO of BIS Research, points out that India's intricate urban congestion and transportation infrastructure have paved the way for Urban Air Mobility (UAM) services driven by the country's dynamic startup ecosystem.

While the Indian UAM market is in its nascent stages, the report highlights its significant growth potential. Plans for air taxi operations in India are anticipated to take off around 2025 with the establishment of an eVTOL manufacturing plant. Both Tata and Uber have shown interest in India's UAM infrastructure market, while the government actively explores policies and regulations to support UAM advancements.

The report also assesses other infrastructure facets such as charging and refuelling stations, maintenance and repair facilities (MRO), docking stations, and hub spots. Their current valuation stands at Rs 0.2 million, Rs 0.1 million, and Rs 0.1 million respectively (2023), projected to reach Rs 0.4 million, Rs 0.2 million, and Rs 0.3 million (by 2033), with a CAGR of about 9.37 per cent during the forecast period.

Cities like Mumbai, Bangalore, Chennai, and Hyderabad have been identified as potential hubs for initial UAM infrastructure development in India.

The Urban Air Mobility (UAM) infrastructure market in India is poised for substantial expansion, projected to attain Rs 6.2 million by 2033, with a compound annual growth rate (CAGR) of 22.38per cent, states a recent report.BIS Research highlights that the Indian UAM infrastructure sector, especially in passenger and cargo gate-to-gate operations, is set to experience consistent growth from 2023 to 2033. UAM envisions integrating aerial transportation services into urban transport systems, providing swift and effective mobility solutions.With a focus on electric Vertical Take-Off and Landing (eVTOL) aircraft, UAM services have the potential to tackle congestion, shorten travel times, and enhance urban connectivity.The CAGR projections for different segments include 26.83per cent (Rs 3.1 million) for passenger gate-to-gate operations, 18.55per cent (Rs 2.5 million) for cargo gate-to-gate operations, and 29.81per cent (Rs 0.6 million) for hybrid passenger and cargo gate-to-gate operations by 2033.Faisal Ahmad, Co-Founder & CEO of BIS Research, points out that India's intricate urban congestion and transportation infrastructure have paved the way for Urban Air Mobility (UAM) services driven by the country's dynamic startup ecosystem.While the Indian UAM market is in its nascent stages, the report highlights its significant growth potential. Plans for air taxi operations in India are anticipated to take off around 2025 with the establishment of an eVTOL manufacturing plant. Both Tata and Uber have shown interest in India's UAM infrastructure market, while the government actively explores policies and regulations to support UAM advancements.The report also assesses other infrastructure facets such as charging and refuelling stations, maintenance and repair facilities (MRO), docking stations, and hub spots. Their current valuation stands at Rs 0.2 million, Rs 0.1 million, and Rs 0.1 million respectively (2023), projected to reach Rs 0.4 million, Rs 0.2 million, and Rs 0.3 million (by 2033), with a CAGR of about 9.37 per cent during the forecast period.Cities like Mumbai, Bangalore, Chennai, and Hyderabad have been identified as potential hubs for initial UAM infrastructure development in India.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Infrastructure Urban

09 Jan 2026

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Infrastructure Urban

09 Jan 2026

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..