India Aerospace: Poised for Takeoff

Emerging markets are prime growth territory for the aerospace industry

While North America remains the largest market for the aerospace sector, slowing growth rates there means that emerging markets such as India and China are becoming more important. While still small, India's civil aviation sector has swelled by 20 percent since 2004. More spending on defense and policies that encourage companies to use Indian-based suppliers mean that more growth can be expected in coming years.

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For more information, please contact the authors:
R Venkatraman
Manish Mathur
Bhavya Kishore
Rohan Rijwani

July 2009