For those who were part of the AeSI AGM in 2014 might have heard this at the venue. For the rest here’s a snippet..
G M Rao, GMR chairman and current President of Aeronautical Society of India.
Addressing the annual general meeting (AGM) of the Aeronautical Society of India (AeSI), Rao said that India was poised to become the third largest aviation market in the world by 2020. The total spending in the next two decades was expected to be $25 billion for commercial aircraft and $100 billion as defence expenditure.
He, however, said that the biggest challenge to meet the enormous growth potential of aerospace and defence sector would be skilled workforce. Though India has ample technically trained manpower, “there is dearth of personal with specialised skills, particularly in the sphere of aerospace”, he added.
So what does this mean for you?
And here's a question for you. How are you preparing for 2020?