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India Aerospace & Defense Market: Factors Helping to Maintain Strong Position Globally 2020-2024

Author : Ronak Bora | Published Date : 2020-09-10 

One of most profound factors driving the growth of India aerospace & defense market is the extensive number of initiatives undertaken by the Indian government. The government’s decision taken a few years before, for instance, to increase the FDI limit from 26% to 49% in the defense sector, is remnant of the fact that India aerospace & defense market represents a vital sector in the national landscape.

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The raise in the FDI limit had apparently permitted foreign institutional investors, venture capital organizations, and foreign portfolio investors to make maximum capital investments up to 24% in defense firms thereon. With the ample availability of a highly-skilled workforce and the ‘Make in India’ initiative gaining greater prominence across the country, Indian firms are expected to play a vital role in the aerospace & defense value chain comprising research & development, training, production, quality control, and maintenance, which would further transform India aerospace & defense industry outlook.

Top Key Players In India Aerospace & Defense Market are Bharat Forge, BAE Systems, Bharat Dynamics Limited (BDL), Bharat Earth Movers Limited (BEML Limited), Bharat Electronics Limited (BEL)

The strategic partnership is a part of ‘Make in India’ initiative and will offer services such as production and MRO (maintenance, repair, and overhaul) of landing gears for airplanes and helicopters.  A recent unveiling of new aerospace & defense component manufacturing facility by Nucon Aerospace, a key participant across marine, ground & aerospace sector, in Hyderabad is also expected to provide a boost to the ‘Make in India’ program, which would ultimately stimulate India aerospace & defense market.

Table Of Content:

Chapter 4    India Aerospace & Defense Market, By Security

4.1    India aerospace & defense market share, by security, 2016 & 2024

4.2    Aerospace & defense market share by security, 2013 - 2024

4.3    Cyber security

4.3.1    Cyber security market size, 2013 - 2024

4.4    Border security

4.4.1    Border security market size, 2013 - 2024

4.5    Homeland security

4.5.1    Homeland security market size, 2013 - 2024

Chapter 5    India Aerospace & Defense Market, By Service

5.1    India aerospace & defense market share, by service, 2016 & 2024

5.2    Aerospace & defense market share by service, 2013 - 2024

5.3    MRO

5.3.1    MRO services market size, 2013 - 2024

5.4    MTS

5.4.1    MTS services market size, 2013 - 2024

5.5    Logistics

5.5.1    Logistics services market size, 2013 - 2024

Chapter 6    India Aerospace & Defense Market, By Application

6.1    India aerospace & defense market share, by application, 2016 & 2024

6.2    Aerospace & defense market share by application, 2013 - 2024

6.3    Land

6.3.1    Land solutions market size, 2013 - 2024

6.4    Air

6.4.1    Air solutions market size, 2013 - 2024

6.5    Sea

6.5.1    Sea solutions market size, 2013 - 2024

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/india-aerospace-defense-market

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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