India is home to a growing number of billionaires, and with that wealth comes the ability to afford luxury items such as private jets. In recent years, the number of private jets in India has been on the rise, but just how many people own private jets in the country? In this article, we’ll take a closer look at the number of private jets in India and who owns them.
According to a report by the International Air Transport Association (IATA), there were 172 private jets registered in India as of 2020. However, this number is likely to be higher as it only includes aircraft that are registered with the Directorate General of Civil Aviation (DGCA) in India. Many private jet owners may choose to register their aircraft in other countries for tax and other reasons.
So who are the people who own private jets in India? The majority of private jet owners in India are wealthy individuals and business leaders. Some of the most well-known private jet owners in India include Mukesh Ambani, the chairman of Reliance Industries; Gautam Adani, the chairman of the Adani Group; and Ratan Tata, the former chairman of Tata Sons.
In addition to individual owners, there are also several companies and charter operators that own private jets in India. These companies use their aircraft for business travel, transporting clients, and other purposes.
While the number of private jets in India is still relatively small compared to other countries, the market for private jets is expected to grow in the coming years. As more individuals and companies become wealthy, they are likely to seek out the convenience and luxury of private air travel.
In conclusion, the number of private jets in India is still relatively small compared to other countries, but the market for private jets is expected to grow in the coming years as more individuals and companies become wealthy.
