General News

INDIA - AEROSPACE

Current State

  • In commercial aviation, India is expected to buy over 500 aircraft worth $50B in the next 10 years
  • In the defense sector, India's expenditure will aggregate over $500B in the next 10 years
  • As a support service to the aviation industry, India's MRO (Maintenance, Repair & Overhaul) segment is estimated to grow at 10 per cent and reach $1.17 billion by 2012 and $2.6 billion by 2020.

Plans of Aerospace for 2011-2015 (5 Years)

  • In the process of listing the OEM,s , located in Bangalore, Hyderabad, Pune, Coimbatore, and expand membership across Tier 1 & Tier 2 locations
  • In the process of listing the Indian Tier-1 & 2 ,Service & Component Industry companies in India
  • Planning a national conference in Feb 2014 on Indian AEROSPACE
  • Progressing with Industry-Academia training Initiatives
  • Drafting a proposal inviting Indian companies to nominate members for SAE Intl Standards Board
  • Planning to host the 2014 International (Wichita)Aero Congress at Bangalore
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