Market Overview
India's aerospace parts manufacturing sector encompasses the production of aircraft components including engines, landing gear, avionics, structural parts, and interiors for both civil and military aviation. The market was estimated at $13.6 billion in 2023 and is on a strong growth trajectory, with projections extending through 2030. As part of the Asia Pacific region, a $166.59 billion aerospace parts market in 2023, India has emerged as one of the fastest-growing hubs for aerospace component manufacturing globally.
- •Market valued at $13.6 billion in 2023, projected to grow at 6.8% CAGR through 2030
- •Asia Pacific aerospace parts market reached $166.59 billion in 2023, expanding at 6.3% CAGR
- •Global aerospace parts manufacturing market valued at $1,013.47 billion in 2025
Growth Drivers
The India aerospace parts manufacturing market is benefiting from significant government support through initiatives such as the Make in India program and the Defense Acquisition Plan, which prioritize domestic aerospace production and technology transfer. India's rapidly expanding civil aviation sector, driven by growing passenger traffic and new airline orders, has created substantial demand for aircraft components and MRO services. Additionally, leading global aerospace OEMs are increasingly outsourcing parts production to India, drawn by the country's skilled engineering workforce, cost competitiveness, and strategic geographic location.
- •Make in India and defense modernization programs driving domestic manufacturing expansion
- •Rising passenger traffic and fleet expansion in civil aviation increasing component demand
- •Global OEM outsourcing to India supported by skilled workforce and cost advantages
Segmentation and Regional Analysis
The market spans multiple component categories including aircraft engines, landing gear, avionics systems, structural components, interiors, and specialized parts for both civil and military applications. End-users include original equipment manufacturers, maintenance and repair organizations, and defense establishments. Key manufacturing hubs are concentrated in regions such as Hyderabad, Bangalore, Mumbai, and Pune, which host major aerospace facilities and benefit from established industrial ecosystems and technical talent pools.
- •Component categories span engines, landing gear, avionics, structural parts, and interiors
- •End-user segments include OEMs, MRO providers, and military/defense customers
- •Key manufacturing hubs concentrated in Hyderabad, Bangalore, Mumbai, and Pune
Trends and Outlook
What are the recent trends and outlook?
The market is expected to sustain its strong growth momentum through 2030, supported by continued government policy support, increasing defense budgets, and the global aerospace industry's projected expansion. Adoption of advanced manufacturing technologies including additive manufacturing, automation, and digitalization is reshaping production capabilities in India. The country's positioning as a global aerospace sourcing destination is strengthening, with growing participation in international supply chains and increasing indigenous capability development for high-technology components.
- •Continued policy support and defense modernization expected to sustain growth through 2030
- •Adoption of additive manufacturing and digital technologies transforming production capabilities
- •Growing integration into global aerospace supply chains with expanding indigenous high-tech capability
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Connect to an analyst →Market size and forecast are Claight Analysis, informed by public research and industry data. Historical years before 2025 and all forecast years are Claight estimates at the stated CAGR. Retrieved 2026.