Boeing has said that India will be the fastest-growing aviation Market in the world over the next 20 years.

India To Become World’s Fastest Growing Aviation Market By 2040, Says Boeing
India To Become World’s Fastest Growing Aviation Market By 2040, Says Boeing

American multinational corporation Boeing has said that India will be the fastest-growing aviation market in the world over the next 20 years.

According to Bloomberg’s report, the Boeing forecasts that the country will order up to 2,380 planes over the next 20 years worth $330 billion, 80 more than it predicted in 2018.

Aviation in India, broadly divided into military and civil aviation, is the fastest-growing aviation market in the world (IATA data) and Bangalore with 65% national Share is the largest aviation manufacturing hub of India.

The UDAN (Ude Desh ka Aam Naagrik) scheme is driving the growth of civil aviation connectivity and Infrastructure in India.