The Indian CE industry has witnessed substantial growth in the last two decades, albeit fluctuating between highs and lows. The reasons are not hard to find - prevailing uncertainties in the global economy and slowing down of infrastructure projects.
More than 100 thousand cubic km of water falls on the face of our mother earth every year as precipitation, and this huge quantity will be, in a manner of speaking, adequate to meet everyoneÂ´s needs - but for the fact that some of it cannot be captured, and some of it falls where it is not needed.
According to latest forecast by Europe-based aircraft manufacturer Airbus, airliners from Asia Pacific region will surpass Europe and North America and lead the global demand for larger and more fuel efficient planes in the next 20 years. The companies are expected to take delivery of around 9,870 new passenger and cargo aircraft, including 3,840 widebody ones, valued at $1.6 trillion, it said, insisting the Asia-Pacific market is 'where the action will be' during the period.