The Junta de Andalucia, through Extenda, has organized a new commercial mission for the space sector. This time in India, the International Air Transport Association (IATA) said that it is the third largest global market for commercial aviation.
Thus, from May 8 to 11 Eight Andalusian companies from the aerospace sector have met with 15 major manufacturers and companies in India during more than fifty meetings. These meetings have been held in Delhi, Bangalore and Hyderabad.
is the objective Promotion of international trade in the sector, Strategically considered by the Andalusian government due to its importance as one of the main actors of the region’s new production model, in terms of innovation and knowledge. To this end, the Junta de Andalucia has launched the “Andalusian Aerospace Strategy 2021-2027”.
As the Indian aviation market continues to expand, this work opens up new business opportunities. According to the World Bank, India is now the fifth largest economy in the world, surpassing the United Kingdom. Besides, Its aviation sector has seen significant growth due to increasing demand for air travel A solid foundation of engineering and technology.
According to Extenda data, India currently has a total of 130 operational airports.. Also, the Government of India has implemented the Make in India program to promote the development of the industry including aviation. As part of this initiative, 100 new airports are in the pipeline. Also, the number of aircraft in India is expected to quadruple to 2,500 by 2038. The government recently purchased 56 Airbus Defense and Space C295 aircraft for the Indian Air Force, 16 of which will be manufactured in Spain.
Alestis Aerospace, Lamignère, Intero, Grupo Casque and Coptec, from Seville, have gone to India; Intec Air and Titania from Cádiz; and AirTech Solutions from Malaga. During these three days they had time to familiarize themselves with the local market and major Indian airlines in Delhi, Bangalore and Hyderabad.
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