The aerospace industry in India is one of the fastest growing aerospace markets. Several research and estimates have predicted an exciting future for the industry.

AS per reports, in the next 10 years, an estimated, INR 5 lakh crore ($ 100 billion) will be invested on acquisitions in the aerospace and defence sector in India. India is poised to become a large commercial and defense aircraft market. With rising passenger traffic and increasing military and defense expenditures, the demand for aircrafts is expected to increase. Boeing expects a demand of between 900 to 1,000 commercial aircraft worth USD100 billion approximately in the next 20 years. This also suggests that a significant portion of business opportunity could develop in India, due to the associated offsets.

The massive growth of the industry has attracted original equipment manufacturers (OEMs) in this sector to setup facilities in India. There are a number of government and industry initiatives, new research facilities and start ups being established driving innovation in new aviation electronics technologies being developed in India. India is internationally competitive with international...