India's aviation demand outpacing capacity: Minister

Civil Aviation Minister Ram Mohan Naidu said India's passenger demand is growing faster than airline capacity, with RPKs rising at 7.3% CAGR vs 7% seat growth. India targets 400 airports and 130 crore passengers by 2047, up from 166 airports and 24 crore passengers today. A new airport or terminal opens every 40-45 days.