The growth of the Commercial Aircraft market in India is driven by many growth factors. Increasing demand for MRO activities is one of the major drivers in the Commercial Aircraft market in India. The MRO market in India is expected to grow at a rapid rate as the market witnesses several growth opportunities, as there are several MRO projects under development in the country. Another major driver in the market is the increasing outsourcing of manufacturing activities to India.
Despite several growth drivers, the Commercial Aircraft market in India is also facing certain growth inhibitors that impede the growth of the market. Fluctuating jet oil prices is one of the major challenges in the Commercial Aircraft market in India. Jet oil prices have shown an increasingly rising trend globally, in the past four years. It is expected to rise further, leading to a decrease in overall profitability of airlines. Additionally, lack of proper airport infrastructure is one of the major challenges in the market in India.