Indian aviation industry is expected to witness a $ 4.99 billion investment in the coming years. In India, aviation is largely classified into military and civil, and at present, India is the world's third-largest domestic aviation market in the world and is expected to be the world’s largest domestic aviation market in the next decade. Schemes from the government like UDAN are driving the growth of civil aviation connectivity and infrastructure in India. There is also a steady growth in a number of air passengers annually. As for aviation manufacturing, Bengaluru, with 65 percent of the national share, is the largest hub of India.
Opportunities and challenges
With India developing as a hub for engineering and design services in the aerospace sector, there are enormous possibilities for both civil and military aircraft in terms of the overhaul and maintenance of aero engines, production of avionics, components and accessories and more. With rapid growth come challenges. There is tremendous pressure on the prevailing aviation infrastructure in the nation. The lone way out is through modernization of the sector. Be it the aircraft, airports, communication, navigation and surveillance systems, facilities for maintenance or repair, what is needed is real transformation.
Access to modern technology is a huge challenge for the Indian aerospace manufacturing companies and it is something that is pertinent in order to keep up with the