India, March 27 -- This year will be an exciting one for Indian aviation. June will be a highlight when Delhi will turn into the global aviation capital as industry leaders from around the world gather for the 81st International Air Transport Association (IATA) Annual General Meeting and World Air Transport Summit, hosted by Indigo.

India's place in global aviation has changed dramatically over the last decade. With record aircraft orders, impressive growth, and world-class infrastructure developments, India is firmly established as the fourth-largest market (domestic and international) for aviation in the world. And within this decade, IATA's own projections point to India rising to be the third largest.

The country's rapidly modernisi...