India’s commercial aviation sector has undergone rapid transformation since the liberalization drive that began in 2003. In 2020, IndiGo carried almost 35 million total passengers, ranking it the third airline globally based on passenger numbers. 


As for India's military sector, despite the perception of increased strategic risk in India following confrontations with China over the course of 2020, the impact of the COVID-19 pandemic on government finances will constrain military modernization in the country.