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| Indian Aerospace & Defense Market |
The Indian aerospace and defense manufacturing industry is growing due to an increase in defense spending, growing commercial market, and rising technology. Since last decade many foreign companies across the supply chain are trying to tap the attractive and significant opportunities in the Indian aerospace and defence market. India has the third-largest armed forces in the world defence budget about 2% of its GDP.
India is one of the largest importers of conventional defence and aerospace equipment. Indian aerospace and defence industry today is about to enter in a new era. The industry is focusing on making the nation self-reliant in Aerospace and Defence Production. The Indian aerospace and defence manufacturing sector is internationally competitive with international quality standards, efficiency and manufacturing facilities. The sector has been making remarkable growth and making its presence felt abroad.
The industry is driven by high domestic demand, offset policy, cost advantage, talent based and leveraging IT competitiveness. The challenges faced by the industry are infrastructure, state border entry permits, complex tax law, and quality assurance and reliability.
About the Report
The Indian aerospace and defense Market report provides an in-depth market analysis for the next six years. The report provides qualitative and quantitative information on this market and provides analysis of the market dynamics that impact the industry. The report also provides the analysis of the sub-markets in the regions of Karnataka, Andhra Pradesh And Telengana, West Bengal, Maharashtra, New Delhi, Tamil Nadu, Goa, and Kerela.
Detailed Procurement Programs in Indian aerospace and defense market are mentioned in this report. Further, it analyzes the industry across three major applications Civil Aviation, Defence Aviation, Space. The analysis of Indian aerospace and defence market based on types such as Combat/Trainer, Rotary, Armored Vehicles, Artillery, Missiles, Infantry Systems, Surface Combatants, Submarines, Support is included in the report.
This Report also provides in depth market segmentation, value chain, detailed PEST analysis, market size & share, revenue projections for emerging markets, trends and competitive profiling of Indian aerospace and defense market. Market share of key players in this market along with, growth strategies adopted, and their competencies in this market are also briefed in this report.
Indian Aerospace & Defense Market by Application (Commercial Aviation, and Defense), by Platform (Air, Land, and Sea), by Types (Combat, Rotary, Armored Vehicles, Artillery, Missiles, Infantry Systems, Surface Combatants, and Submarines) - Global Trends & Forecasts to 2014 - 2020)
http://www.marketsandmarkets.com/Market-Reports/indian-aerospace-defense-market-263301532.html
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