| Publication |
2014.
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| Summary/Abstract |
Farnborough: For those who saw the heady years of 2008-2011, it is a bit of a shock to see India reduced to the periphery of the global defence and aerospace market. At Farnborough International Airshow (FIA) 2014, it seemed that India had fallen off the radar of the global companies, the majority of whom now have waning interest in the country, having invested both time and money over the last almost a decade without commensurate returns.
Of course, India is an important market because of its sheer size, but it has once again gone in the 'market in the making' mode. There is no immediacy to the existing programmes and those in the pipeline are likely to stay there for a while. That the global industry has realised this after the euphoric four years when India used to be the toast of the international shows was more than obvious at FIA, amongst the biggest aerospace spectacle in the world.
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