Aviation majors eye Indian defence market

After the civilian aviation boom, it’s time for India’s military aviation to go full-throttle. The armed forces are expected to clinch deals for around 500 aircraft, helicopters and UAVs (unmanned aerial vehicles) over the next few years.

With Air India, Indian and several private carriers having already placed orders for about 300 aircraft, international aviation majors are again falling over each other to grab some piece of the action in the military arena.

For, it’s estimated that Indian acquisitions in the aerospace field will be worth well over $10 billion. It’s no wonder that companies ranging from Boeing, Lockheed Martin and BAE Systems to Sukhoi, Embraer, Bombardier and SAAB are all making a beeline for Aero-India 2007, the international aerospace and defence exhibition to be held at Bangalore in February.
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