By Consultants Review Team
Rmi Maillard, President and Managing Director of Airbus India and South Asia, stated on Thursday that India will require 2,840 new aircraft, 41,000 pilots, and 47,000 technical people over the next 20 years.
Addressing a press conference on the sidelines of the aviation colloquium and exhibition Wings India 2024, Maillard stated that Airbus's sourcing from India will treble to USD 1.5 billion by the end of the decade, up from USD 750 million currently.
He stated that last year, Airbus received orders for 750 aircraft and delivered 75 to Indian carriers: 41 to Indigo, 19 to Air India, 14 to Vistara, and one to Go First.
India is a force that will drive global aviation in the coming decades...the prediction is that India will need 2,840 new aircraft over the next 20 years to meet the needs of its expanding aviation sector, he said.
He went on to say that the A350 aircraft is the trigger for a revolution in international travel in India, with six already delivered to Air India last year.
Maillard anticipated that India would be the world's fastest-expanding economy for the next 20 years, growing at a rate of 6.2 percent each year.