The Aerospace and Defense Industry in India is a strategically important sector in the country. The Aerospace sector in India has had a steady growth in both Defense and Civil Aviation sectors. With over 300 million in the middle-class income group who can travel at least once a year by air and India’s growing economy that will boost the traffic trends both in passenger and cargo, the civil aviation industry in India also offers large growth opportunities.

The Aerospace and Defense industry in India is estimated to reach around $70 billion by 2030. India's defense industry accounts for about 1.6% of the GDP. In fact, India has the 5th largest defense budget in the world. 

With Government of India’s ambitious Make in India Program, there are enormous opportunities for foreign investments in Aerospace and Defense sector. Many global Aerospace and Defense companies are looking at India as a potential low-cost manufacturing destination and a high potential market.