Archive · 12 Sep 2026
India’s Aerospace Industry Gains From Global Aircraft Backlog
The world wants to buy many more airplanes than factories can currently build.
More than 17,000 airplanes are waiting to be made.
This is creating an opportunity for Indian companies that make airplane parts.
India’s aerospace exports grew to $7 billion in FY25 from about $1.4 billion in FY20.
Companies such as Boeing and Airbus already buy billions of dollars of parts and services from Indian suppliers.
Indian manufacturers make items including engine parts, wings, electrical systems and special tools.
It can take several years for a supplier to pass the safety checks needed to join an airplane program.
Once approved, a supplier may keep working with aircraft makers for a long time.
India’s growing domestic aircraft orders and maintenance sector could create additional demand.
The global aerospace industry has a backlog of more than 17,000 aircraft, equal to about 12 years of production at current capacity.
India’s aerospace exports rose from about $1.4 billion in FY20 to $7 billion in FY25.
Boeing sources about $1.4 billion annually from more than 375 Indian suppliers, while Airbus sources over $1.6 billion.
Airbus plans to raise annual sourcing from India to $2 billion before 2030, while Safran targets about $580 million in component procurement by then.
Indian companies are expanding across engines, aerostructures, aircraft systems, electrical components, tooling and maintenance services.
- Who
- Indian aerospace manufacturers, along with Boeing, Airbus, Safran and other global aerospace companies.
- What
- India is gaining a larger role in the global aircraft supply chain as manufacturers address a backlog of more than 17,000 planes and limited production capacity.
- When
- The cited figures cover FY20, FY25 and projections through FY29 and before 2030.
- Where
- India and the global aerospace manufacturing supply chain.
- Why
- Engine and component shortages, labour constraints, higher costs, supplier consolidation and strong aircraft demand are increasing the need for qualified manufacturing capacity.
- Global aircraft backlog
- More than 17,000 planes, equivalent to around 12 years of production at current capacity.
- India’s aerospace exports
- About $7 billion in FY25, up from approximately $1.4 billion in FY20.
- Boeing sourcing from India
- Around $1.4 billion annually from more than 375 Indian suppliers.
- Airbus sourcing from India
- More than $1.6 billion annually, with a target of $2 billion before 2030.
- Safran procurement target
- About $580 million in components from India by 2030.
- Indian carrier order book
- More than 1,700 aircraft combined, led by IndiGo and Air India.
- Projected components market
- India’s share could rise from $1.5 billion to $4 billion by FY29, according to an Antique Stock Broking estimate cited in the article.