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India's private jet charter service industry has grown steadily over the past few years due to increased demand from high-net-worth individuals, corporate executives, and government officials.

With increase in number of HNWI in India, the private jet charter industry is booming at a fast pace. The Govt. has also simplified the aircraft leasing process through GIFT city and soon the Indian Business Aviation will grow by leaps & bounds. Sudip Sharma, CEO, Safe Fly Aviation Services Pvt. Ltd shares his thoughts on the growing industry.

Factors such as rising disposable income, improving infrastructure, and a growing economy have contributed to the industry's growth.

Despite the pandemic's impact, the private jet charter service industry has recovered fantastically as travel demand picked substantially. Furthermore, India's rapidly growing economy and an increasing number of millionaires and billionaires are expected to fuel demand for private jet charter services.

However, there are also some potential challenges that the industry may face in India, such as regulatory hurdles, high taxes, and infrastructure limitations. These challenges may impact the growth of the sector in the future.