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India's aerospace sector surges, with global giants boosting sourcing as revenue jumps 54% since 2019.
Global aerospace giants like Airbus and Rolls-Royce are boosting parts sourcing from India, fueling rapid growth in the country's aerospace sector.
By 2024, India's aerospace revenue is projected to be 54% higher than in 2019, while North America and Europe lag behind.
This growth is driven by India's expanding domestic aviation market and its potential to capture 10% of the global supply chain market by 2033, with the global market expected to reach $250 billion annually.
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El sector aeroespacial de la India aumenta, con gigantes globales que impulsan el abastecimiento a medida que los ingresos aumentan un 54% desde 2019.