New Delhi, May 15 -- Major Indian aerospace manufacturers are positioning themselves to capitalise on the growing demand for commercial aircraft from the nation's airlines, aiming to secure a larger share of procurement from global aviation giants like Airbus and Boeing.
Simultaneously, these domestic firms are urging the government to implement policies that would facilitate their growth within this lucrative sector, reported ET.
Citing data from the aviation consultancy CAPA, the current order book for Indian carriers IndiGo, Air India, and Akasa stands at nearly 1,700 aircraft, with projections suggesting this figure could swell to around 2,000 by March 2025. This surge in orders has prompted global aerospace suppliers to enhance the...