Market Share of India Aviation, Defense, And Space Industry
The Indian aviation, defense, and space market is fragmented with various players dominating the market. Some of the major market players are Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), ISRO, Larsen & Toubro Limited, and Adani Group, amongst others.
Various players in the market are engaged in establishing joint ventures with the Indian government to develop advanced defense armaments to increase the defense capability of the country in the long run. Such ventures will also help regional players to increase their presence in the market. Furthermore, growing partnerships between players in various fields, like jet propulsion systems and the increase in indigenous weapons and commercial aircraft and space components production, will bring in various new opportunities, and this overall will lead to the market witnessing significant growth during the forecast period.
India Aviation, Defense, And Space Market Leaders
Hindustan Aeronautics Limited (HAL)
Bharat Electronics Limited (BEL)
Larsen & Toubro Limited
ISRO
Adani Group
*Disclaimer: Major Players sorted in no particular order
