India’s Aerospace Industry Set For Dramatic Growth

India’s aerospace industry is on the brink of significant expansion, driven by a combination of rising demand in both the civil and defence sectors, government initiatives, and advancements in technology. The market is projected to grow from approximately USD 27.1 billion in 2024 to USD 54.4 billion by 2033, representing a compound annual growth rate (CAGR) of 6.99%. This growth trajectory is
India’s aerospace industry is on the brink of significant expansion, driven by a combination of rising demand in both the civil and defence sectors, government initiatives, and advancements in technology. The market is projected to grow from approximately USD 27.1 billion in 2024 to USD 54.4 billion by 2033, representing a compound annual growth rate (CAGR) of 6.99%. This growth trajectory is
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