Global OEMs source over $2 bn worth aerospace components, services annually from India: Official
Global OEMs are sourcing over USD 2 billion in aerospace components and services from India annually, signaling significant opportunities in the nation's aviation sector. India is emerging as a key MRO destination, promising lower costs for airlin...
India is one of the world's fastest-growing civil aviation markets and carriers have placed significant aircraft orders as they expand their fleets as well as networks to cater to rising air travel demand.
Sinha said global OEMs (original equipment manufacturers) source more than USD 2 billion worth aerospace components and services from India annually.
He also emphasised the need to scale up responsibly with focus on sustainability while speaking at the curtain raiser event for the Wings India 2026, an aviation conference to be held in January 2026 in Hyderabad.
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