Leading engine maker GE Aerospace has said there is enough potential for recurring aircraft orders by Indian carriers as massive growth is happening in the country’s civil aviation space.
Against the backdrop of Tata Group-owned Air India placing firm orders for 470 aircraft, a top official of GE Aerospace also said that India, which is the world’s third largest aviation market, has the potential for growth in both wide-body and narrow-body aircraft.
Besides, GE Aerospace’s Country Head for South Asia & Indonesia Vikram Rai told PTI that the supply chain situation will be better this year, compared to 2022.
There are around 700 commercial planes flying in India, with a majority of them being narrow-body aircraft.