Airbus upbeat on Indian aviation, sees need for 2,840 new planes and 41,000 pilots in next 20 years

livemint.com:

IndiGo and 250 from Air India, adding that the aircraft manufacturing giant has delivered 75 units to Indian carriers — 41 to Indigo, 19 to Air India, 14 to Vistara and one to Go First. “India is a force that will power global aviation over the next decades...the forecast is that India will require 2,840 new aircraft over the next 20 years to serve the needs of its growing aviation market," PTI quoted Maillard as saying.

Maillard further said in the next 20 years, India will not only remain the fastest-growing economy in the world with 6.2% growth annually but also the world's fastest-growing aviation market, investing close to $12 billion in building new airports and refurbishing existing ones, aiming to have about 200 airports within five years, up from 150 today. The president of Airbus India and South Asia also committed to increasing its manufacturing base in the South Asian country.

Airbus and Air India are planning to step up a new joint venture training centre in Gurugram which will have 10 simulators and will aim to train 5,000 pilots in the next decade. Earlier in 2021, the European aviation major signed a deal with Tata Advanced Systems Limited (TASL), the defence arm of Tata Group, to manufacture C-295 transport aircraft for the Indian Air Force in Vadodara of Gujarat.