Boeing predicts 2,835 new aircraft for India by 2043
Bengaluru, Feb. 12 -- Boeing has presented an optimistic outlook for the Indian aviation sector, forecasting significant expansion in air traffic over the next two decades.
The aerospace giant's Commercial Market Outlook (CMO) for India, unveiled at Aero India, anticipates a requirement of 2,835 new aircraft by 2043, primarily single-aisle planes, to cater to the country's rapidly growing aviation market.
This surge in demand is expected to generate nearly 129,000 jobs, including pilots, technicians, and cabin crew.
Boeing attributes this growth to India's strong economic trajectory, estimating that by 2031, India will become the world's third-largest economy. With the aviation sector already contributing USD 54 billion to the economy and...
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