Hyderabad: Aircraft engine maker, Pratt & Whitney, a unit of United Technologies Corp, on Thursday opened its India customer training centre in Hyderabad, as India remains the only “bright spot” in the global aviation market.
The centre, set up at Hyderabad’s Rajiv Gandhi International Airport, is the third training centre of the company after the US and China — highlighting the importance that the company attaches to the Indian market. It was inaugurated by Union civil aviation minister Ashok Gajapathi Raju.
While the economic slowdown has hit the growth markets like China, Russia, Brazil, and oil producing countries, the Indian aviation sector is expected to see a huge growth as more and more upwardly mobile middle class families shift to the air travel.
According to Airbus, the world’s leading aircraft maker, India’s aviation industry is expected to grow at over 10 per cent annually in the next decade, almost double the average growth rate of the global aviation industry.
The factors that are expected to drive the gro-wth are India’s faster economic growth, improved consumer sentiment, and prospective cheaper airfares due to subdued oil prices.
11/09/15 Asian Age
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The centre, set up at Hyderabad’s Rajiv Gandhi International Airport, is the third training centre of the company after the US and China — highlighting the importance that the company attaches to the Indian market. It was inaugurated by Union civil aviation minister Ashok Gajapathi Raju.
While the economic slowdown has hit the growth markets like China, Russia, Brazil, and oil producing countries, the Indian aviation sector is expected to see a huge growth as more and more upwardly mobile middle class families shift to the air travel.
According to Airbus, the world’s leading aircraft maker, India’s aviation industry is expected to grow at over 10 per cent annually in the next decade, almost double the average growth rate of the global aviation industry.
The factors that are expected to drive the gro-wth are India’s faster economic growth, improved consumer sentiment, and prospective cheaper airfares due to subdued oil prices.
11/09/15 Asian Age
