India to be world's most significant new profitable aircraft market: Barclays
India has become a key market for the global aerospace and defence industry, with its remarkable growth rate in traffic making it the world's most significant new aircraft market, according to a report by Barclays
India, with its remarkable growth rate in traffic, has emerged as a prominent market for the global aerospace and defense industry, Barclays said in a report on Thursday. The report also mentioned that India is the world's most significant new aircraft market. India is currently the third largest aviation market in the world, only behind the US and China, in terms of domestic traffic.