The Lucrative Indian Aerospace Bazaar

With a slice of more than 15 percent of the global aerospace market – both civil and military, currently estimated to be over $ 300 billion per annum with a near double digit projected growth over the next ten years, it is no surprise that the Bangalore Aero-India show has not only attracted gorillas like the Boeing, Lockheed, BAe (British Aerospace) or the European major EADS but also offered opportunities for aerospace chimpanzees (mid-sized companies like Embraer, Israeli Aircraft Industry) as well as marmosets (like HAL).

Deba R. Mohanty