HYDERABAD
Boeing and Airbus, two of the world’s leading aircraft manufacturers, Thursday raised their forecast for the growth of India’s civil aviation for the next 20 years, despite adverse near-term trends.
While Boeing said India need 1,600 new aircraft worth $205 billion, its rival Airbus has put the numbers at 1,290 aircraft worth $190 billion by 2032.
Last year’s forecast by Boeing was 1,450 airplanes at $175 billion while Airbus in 2012 had made a projection of 1,043 new aircraft valued at $145 billion.
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