India's Aviation Ascent: GE Aerospace Eyes New Horizons

GE Aerospace South Asia CEO Vikram Rai expressed enthusiasm about the growth potential of India's civil aviation sector during the NDTV World Summit 2024. The sector is rapidly expanding, with Indian carriers operating around 800 planes and over 1,200 aircraft on order. The company aims to enhance engine efficiency by 20%.

At the NDTV World Summit 2024, themed 'The India Century', GE Aerospace South Asia's CEO Vikram Rai highlighted the immense growth potential within India's civil aviation sector.

Rai expressed his excitement about the opportunities that India presents, stating that there exists a significant runway for aviation sector expansion. The company's involvement includes supplying engines to Air India, a key player in the fast-growing market.

With Indian airlines currently flying around 800 aircraft and more than 1,200 new orders placed, India's civil aviation market is one of the world's fastest expanding. GE Aerospace is also focused on designing engines that offer a 20% increase in efficiency.

(With inputs from agencies.)