Practice Area: Aerospace

Aerospace Industry in India

With an annual  growth rate of 18%, the Indian aviation sector is one of the fastest growing in the world. The Indian government's open sky policy led many overseas players to enter the Indian market. Private airlines now account for around 75 per cent share of the domestic aviation market.

As the Indian economy grows more private companies and individuals have started o purchase airplanes. There is scope for growth in the Indian aircraft sales and hence all the major global aircraft manufacturers have a presence in India. Broadly speaking the Indian market can be segmented as:
• Large body aircraft for passenger and cargo operation
• Business Jets & Turbo Props (Corporate Market)
• Twin Piston Engines (Corporate Market & Flying Training Market)
• Single Piston Engine Aircraft (Pilot training market)
 

Defense Market in India

April 2010 reports from International Strategic Analysis indicate that India is undergoing a major modernization of its military capabilities. This includes a major overhaul of the country’s air force, which is seen as being outdated at present. Graphic below (Source SIPRI/ISA)

LINKS:
Ministry of Civil Aviation: www.civilaviation.nic.in
Directorate General of Civil Aviation (DGCA) www.dgca.nic.in
Bureau of Civil Aviation Security (BCAS) www.bcasindia.nic.in
Indira Gandhi Rashtriya Uran Academy (IGRUA) www.igrua.gov.in
Airports Authority of India (AAI) www.airportsindia.org.in

Sources: US Commercial Service, Media, Proprietary Reports, International Strategic Analysis