Dhaka, Sept. 1 -- Passenger traffic at Indian airports is projected to grow at a compound annual growth rate (CAGR) of 7pc between FY2025 and FY2027, according to a report by CareEdge Ratings.

This marks a slight moderation from earlier pre-COVID estimates of 9pc.

The growth is underpinned by favorable demographics, increasing non-aeronautical revenues, and continued investments in airport infrastructure.

India, the world's third-largest aviation market after the US and China, continues to maintain a strong share of global air traffic.

CareEdge noted that while long-term prospects remain robust, short-term growth may be tempered by delayed deliveries of wide-body aircraft, global safety concerns, and ongoing geopolitical disruptions....