Frost & Sullivan: Defense Offsets to Generate $40.00 Billion Over the Next 20 Years for the Indian Aircraft Component Manufacturing and Services Industry
January 19, 2012
January 19, 2012
MUMBAI, India, Jan. 19 -- Frost and Sullivan issued the following news release:
Growing domestic demand for civil as well as military aircraft coupled with the defense offsets is fuelling the growth of the Indian aircraft manufacturing and services industry. Beating back spirited competition from Latin America, India remains an attractive low-cost manufacturing destination with a huge engineering talent pool and proven IT capabilities. However, the domestic industry has stay on it . . .
Growing domestic demand for civil as well as military aircraft coupled with the defense offsets is fuelling the growth of the Indian aircraft manufacturing and services industry. Beating back spirited competition from Latin America, India remains an attractive low-cost manufacturing destination with a huge engineering talent pool and proven IT capabilities. However, the domestic industry has stay on it . . .