IndiGo, India’s largest airline, has overtaken US-based Southwest Airlines in market capitalization, securing the third position globally. With a share price surge of 4.73% on Wednesday, IndiGo’s market cap reached $17.605 billion, outpacing Southwest’s $17.333 billion. IndiGo’s strategic growth is evident, as it currently operates 14,014 flights per week, a notable increase from the previous year. Moreover, its substantial aircraft orders reflect confidence in India’s burgeoning aviation sector, positioning the country as a future aviation hub according to industry experts.