What Happened
Indian Aviation Growth Sparks Increased Local Procurement
GE Aerospace plans to nearly double its spending on Indian suppliers by 2030, expanding opportunities for local manufacturers as India’s aviation and aerospace industries grow. The company aims to increase its procurement from Indian suppliers, which stood at approximately $200 million in 2025. This move is expected to support India’s rapid aviation expansion, with domestic passenger traffic projected to reach 1.1 billion annually by 2040. According to an Ernst & Young report, Indian airlines generated approximately $19 billion in revenue in FY26, and the country’s airport network is expected to grow significantly by 2047. This development was reported by Siliconindia Magazine News.