Aerospace can make India soar

It seems to me that in this particular year – 2011 – your Foundation Day carries an added significance. First, because it marks 51 years since you moved to Bangalore in March 1960. 51 years is a good time to look forward and plan for the next 51 years. And secondly because today it is exactly one hundred years and a half years – to the very day – of the beginning of civil aviation in India. It was on 18th February, 1911 that the first civil aviation flight in India took off, carrying mail from Delhi to Nainital. Even at that time, this flight created a global first, because not only was it the first civil aviation flight in India — it was also the world’s first air mail flight, carrying 6,400 letters. ….
But as in any field of human endeavour, it is never enough to look back with satisfaction. I believe that the aerospace industry in India is one of the most exciting businesses in the world. I am outrageously ambitious to see Indian aerospace take its rightful place in the world…To understand the context in which this ambition must play out, let us examine some key trends in the global aerospace industry.
The first trend is the growing demand for aerospace products and services in developing nations. Setting aside the significant projections for India’s defence needs over the next decade, India’s demand for civilian airliners is projected to exceed that of Australia and Japan combined. The “BRIC” nations together need more passenger aircraft than the US, which has historically been the biggest market for such aircraft. So it’s a huge market out there. Can we use our joint expertise to get a part of it?
20/08/11 Anand Mahindra/Business Standard

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Categories: Indian Aviation- In General Aug 2011