India Becoming an Aerospace Technology Sourcing Hub

Released on = August 16, 2006, 12:32 am

Press Release Author = RNCOS

Industry = Aerospace

Press Release Summary = With high growth in IT and aerospace technologies India is
on the edge of world aerospace. Indian aerospace firms are internationally
competitive and customer oriented.

Press Release Body = Equipped with comparative advantage of cheap and skilled
engineers, India is positioned to become a key-sourcing hub for global aerospace
firms. The combination of its successful information and aerospace technologies has
given India an edge over its aerospace industry. India has made its place in the
global aerospace industry, making them internationally competitive and customer
oriented.

The country's opportunities in aerospace industry has started off a wave of
aerospace engineering and design services to be outsourced to India. These off
shoring areas are control system design, embedded development, high level
aeronautical system design, simulation, testing devices, cockpit equipment support
software, air traffic management systems, and composite structuring.

While India is set to become a major player, USA has also joined the race in global
aerospace market. USA has tied up with India's HCL Technologies to make a base for
the flight test system of the Dream liner aircraft.

A market research report namely "Global Aerospace Market Forecast (2006-2009)" by
RNCOS lists the several major trends in Indian aerospace industry. It includes rapid
growth in civil airlines, increase in private airlines, and predicted future growth
in manufacturing especially in the private sector. In its global aerospace market
forecast the report predicts that the Indian aerospace technology outsourcing
market, which is currently at US $155 million will reach US $1 billion.

The report supplements with answers to questions relating to:
. The competitive market landscape in the global aerospace market.
. The current status of the global aerospace market.
. The position of the market after five years.
. The major driving forces of the global aerospace industry.
. The opportunities that exist for manufacturers in this market.
. The sensitivity and success factors in aerospace industry in the world.
. The different comparisons in the positions of the companies in the global
aerospace market.

The market research report, "Global Aerospace Market Forecast (2006-2009)" provides
an updated and detailed overview of the global aerospace market. The report would be
of great help to chief information officers and other aerospace staff of the
organizations, manufacturers, prospective investors, and students and academicians
desiring to study the current global aerospace market.

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To purchase your copy: http://www.rncos.com/Report/IM052.htm
For more information about the report please visit www.rncos.com


Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial area, Delhi 92
91-11-4214-1229
info@rncos.com

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