Hyderabad, March 13 (ANI): Civil Aviation Minister Ajit Singh said that India was poised to become the third largest global aviation market by 2020, throwing gates open to foreign investors to boost economy. Speaking at inaugural function at India Aviation-2014 in Hyderabad, Singh offered tremendous opportunities to the foreign investors. Singh also said that Indian airports sector was likely to attract an investment of $12.1 billion during the 12th Plan period, $9.3 billion of investment to come from the private sector. While briefing on various reforms implemented in the aviation sector, Singh talked about the privatization of leading Indian airports. Singh also said that the air traffic density of India is very low in comparison to other countries and to fight this situation by promoting regional and remote area connectivity.
