India Strengthens Role as Global Aerospace Supplier
“India has the potential to be a strong link in the global aviation supply chain,” says Jaideep Mirchandani In March, global aircraft manufacturer Airbus announced annual plans to procure components and services worth US$2 billion from India by 2030. This marks a notable rise from the current figure of US$1.4 billion and highlights India‘s growing role in the global manufacturing and supply network. Not only Airbus, but global majors like Rolls-Royce and Collins Aerospace are also sourcing parts from India. Industry leaders believe that with the strength of India’s technological and component manufacturers, along with the country’s …