India’s Government spends 40% of its defense budget on capital acquisition

Indian Aerospace market, Indian defense market
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India’s Government spends 40% of its defense budget on capital acquisition

The Indian aerospace and defense market is one of the most lucrative markets in the world. The Indian government spends 40% of the defense budget on capital acquisition and has set a target to make the aviation market the third largest in the world by 2020.

Indian Defense Market

Scenario I – Indian Defense Market Forecast by [$Billion] – 2016-2026

The Indian aerospace and defense market is one of the most lucrative markets in the world. The Indian government spends 40% of the defense budget on capital acquisition and has set a target to make the aviation market the third largest in the world by 2020.

The Colorado based consulting firm Market Info Group (MiG) is of the opinion that the Indian government has a clear vision for an indigenous aerospace and defense industry, and that foreign companies will have a major role to play in making this vision a reality.

MiG’s latest report titled Indian Aerospace & Defense Sector Market and Technologies Forecast 2016-2026 provides details about the next generation of technologies needed by this burgeoning sector, as well as an insightful multi-scenario forecast, informed by extensive knowledge of the next wave of Indian aerospace & defense expenditure plan.

The Figure depicts some of the insights included in this new report.

The new report provides detailed information and analysis about the following useful subjects:

  • Current Markets
  • Major Vendors (by region)
  • Market Forecast – Aerospace
  • Market Forecast – Defense
  • Scenario Comparison
  • Defense Offset policy
  • Market Entry Strategy
  • Business Opportunities

In addition to the detailed report, its author will be available to help you make the most out of the data and analysis (up to three hours) – free of any additional charge.

To read more about the report, request a sample, or purchase a report, please click here.

AMSTERDAM and COLORADO SPRINGS, Feb. 22, 2017 /Newswire/ — Market Forecast a subsidiary of ASD Media BV and a leader of aerospace & defense market research solutions and services, has completed its acquisition of the Market Info Group (MIG), a global creator of reliable and unbiased defense industry research reports and consulting services for more than 7 years. The Market Info Group businesses’ assets are being integrated with Market Forecast, enabling existing services to be enhanced and creating huge new opportunities for clients of both services.

This website is still visable, but full information and purchase of all market studies is now available on Market Forecast