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Aviation Sector
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India is the third fastest growing domestic aviation market in the
world. Last year, it grew by 23%
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Will be the third largest market for new aircrafts in Asia, behind
China (1,790) and Japan (640)
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330 new planes are likely to be added to Indian skies in the next 15
years which would add 2.6 lakh seats a day on domestic flights
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Over the next 2 decades, India is envisaged to be one of the largest
Aerospace Markets in the world for wide and narrow body aircrafts
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Indian aerospace and defense industry is emerging as a key player in
the Asia Pacific aerospace and defense market
Port & Shipping Sector
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95% by volume and 70% by value of the country’s trade is carried
through maritime transport
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Major policy decisions taken to modernize existing ports.
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The Indian shipping industry consists of about 616 ships, with a
total capacity of 6.62 million tons Gross Registered Tonnage (GRT).
About 258 ships in all are engaged in overseas trade and the rest
ply inland routes.
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Private sector participation in major ports picking up.
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There are already about 55 shipping companies in the sector, of
which 19 deal exclusively in coastal trade, and 29 are engaged in
overseas trade. The rest operate in both types of trade.
Automotive Sector
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India is currently ranked 2nd after China for preferred
destinations for Automotive Design Engineering due to its strong
potential for engineering design off-shoring abilities
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5 out of the top 10 automobile manufactures of the world already
operating in India with almost 5,000 million dollars of design
spend, out of which at least 50% is expected to be absorbed by
Indian design firms
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