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About Aerospace Defence
1) India is expected to become the 3rd largest aerospace industry by 2020 with an estimated MRO segment value of USD 2.6 billion by 2021. 2) Government initiatives include two defence industrial corridors, policy reforms to boost indigenous manufacturing and private sector participation, and a focus on technology transfer from foreign OEMs under the 'Make in India' program. 3) Tamil Nadu has over 120 aerospace component manufacturers and supplies over 700 defence PSUs, with the state government formulating a new aerospace and defence policy to achieve 30% of India's defence sector share and create high-skilled jobs.
Detailed Information
| Author: | ['Reeya'] |
|---|---|
| Publication Year: | 2022 |
| Pages: | 22 |
| Language: | English |
| Format: | |
| Price: | FREE |
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