Amid great fanfare, Boeing has rolled out the first 787 Dreamliner aircraft produced at its brand new plant in South Carolina and built for Air India to be delivered in mid-2012.
The US helicopter maker Sikorsky Aircraft, which has a joint venture with Indian firm Tata for assembling helicopter cabins, is targeting to corner up to 30 per cent market share in India over the next five years.
Canada-based Bombardier Aerospace, a leading manufacturer of innovative transportation solutions, has opened its Engineering Service Office in the city.
The first of the 27 Boeing 787 Dreamliner jets ordered by Air India would be inducted in late May, as over 30 pilots are set to begin training to fly the new aircraft in Singapore.
Defence PSU BEML Ltd has initiated the process of setting up Aerospace Manufacturing Division at SEZ Park near the Bangalore International Airport at Devanahalli.
Hinduja group firm Ashok Leyland has said it is planning a foray into India's aerospace business, both defence and civilian, and is talking to foreign players for technology partnership.
The Ministry of Defence, Japan, has signed a contract with Eurocopter to acquire an EC225, a heavy twin-engine helicopter from Eurocopter's Super Puma family.
India will require 1,043 new passenger and cargo aircraft valued at $145 billion between now and 2030, according to a market forecast by European aviation major Airbus.