China's Hong Kong based Cathay Pacific Airways Ltd. is planning to increase flights to India to meet the rising throughput between Hong Kong and India, the company announced on Wednesday.

According to the plan, the company will increase new flights to India, up from the current 24 flights per week to 35. As a result, the fights that fly to New Delhi will be up to 14 per week, and to Bombay to reach 10.

The Indian market has a great potential economic energy and family leisure market will become the engine of growth. said Tom Wright, the general manager who is responsible for the corporation's business in India, the Middle East, Pakistan and Africa.

Hong Kong and India reached an agreement to expand the airspace rights in December last year.

Cathay Pacific Airways Ltd.'s Hong Kong stock fell 1.66 percent to reach 15.44 Hong Kong dollars.