Boeing forecasts India and South Asia’s commercial airplane fleet to grow nearly four-fold over the next 20 years, building on sustained fleet growth throughout the last decade. The quadrupling of India’s market size opens tremendous opportunities, it says.

Boeing predicts that the number of commercial airplanes in India and South Asia will almost quadruple in the next 20 years.

Boeing forecasts a significant increase in the number of commercial aircraft required by Indian and South Asian operators over the next 20 years, amid sustained economic growth and strong travel demand.

Dubai: Indian and South Asian carriers will add 2,835 commercial jets to their fleet by 2034, a four-fold increase from the current level, American aircraft manufacturer Boeing said in its regional Commercial Market Outlook.

Boeing said the Indian and South Asian region will need 2,835 new aircraft by 2043, continuing the fleet growth observed over the last decade

Boeing projects that South Asian carriers will need 2,835 new airplanes over the next 20 years, driven largely by demand from India. The aviation market in this region is expected to grow rapidly, with aircraft fleet set to quadruple by 2043.