Airbus expects to double the total value of procurement from India to $1.5 billion in the coming years, the planemaker’s India president said on Thursday, as it looks to ride on the boom in the world’s fastest growing aviation market.
Airbus also forecasts that the Indian aviation sector will need 2,840 aircraft by 2035, Remi Maillard, president and managing director of Airbus India and South Asia, said at the “Wings India” event in Hyderabad.