India will be the world's fastest-growing market over 20 yrs: Boeing

SpiceJet Ltd., which has as many as 205 737 Max jets on order, has said it may buy at least 100 Airbus planes worth more than $10 billion

India will be the world’s fastest-growing aviation market over the next two decades, according to Boeing Co., which expects the South Asian nation to need 2,380 planes in that period at a value of $330 billion.

The U.S. manufacturer’s forecast is slightly higher than the one it made in December 2018, when it said India would require 2,300 new aircraft for $320 billion over 20 years. At a briefing in New Delhi on Wednesday, Boeing’s deputy vice president of commercial marketing Darren Hulst said first deliveries of the 777X are planned in the next 18 months.

Hulst also said Boeing is working