Confederation of Indian Industry - CII services

CII Research is an Industry think-tank providing thought leadership on strategic economic and industry issues critical to national growth and development. Drawing on a deep reservoir of industry leaders and industry associations spanning all sectors and present across the country, CII Research originates analytical reports in consultation with stakeholders. Based on strategic perceptions and data, these in-depth insights suggest specific policies and action plans that would enhance the role of Indian industry in nation-building.

India is already a large commercial and defence aircraft market. With rising passenger traffic and increasing military and defence expenditures, the demand for aircrafts is expected to increase further. The Indian aerospace industry is one of the fastest growing sectors. India is expected to become the 3rd largest aerospace industry by 2020.

In the last two years, since the launch of “Make in India” initiative of the Government of India, Defence Sector in India has seen immense activity, evincing interest from Indian private industry as well Foreign OEMs. While the Indian industry has steadily moved towards capacity building, Foreign OEMs have shown never seen before enthusiasm to participate in ‘Make in India’ in Defence. Under the leadership of the Hon’ble Raksha Mantri, long pending and critical changes have been made to bring in ease of doing business in Defence procurements. Whether it is relaxation of norms for FDI in Defence or the new Defence Procurement Procedure (DPP 2016), Government of India has paved way for a robust defence manufacturing in the country.