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Civil aircraft market growing: Minister

23 August 2011

The market for civil aircraft is growing exponentially in India with projections that over $ 100 billion worth of civil aircraft will be needed by 2025; but no major civil aircraft industry has been able to support this growth, Minister for Science and Technology and Earth Sciences Vilasrao Deshmukh has said.

In terms of numbers, the demand would translate into more than 1,000 aircraft in different capacities, he added. Mr. Deshmukh, who is also vice president of Council of Scientific and Industrial Research (CSIR) was delivering the keynote address at CSIR-National Aerospace Laboratories (NAL) Foundation Day celebrations on Monday….

Read more: http://www.thehindu.com/todays-paper/tp-national/article2386190.ece

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Written by csirindia

August 29, 2011 at 4:43 pm

Posted in NAL

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