Aircraft
Global Jet Capital Bullish on Bizjet Growth in India
Over the last decade, 70 new midsize to large-cabin business jets worth around $3.5 billion were delivered to customers in India.

Global Jet Capital expects demand for business aviation in India to increase as a result of the country’s strong economic growth. “For Fiscal Year 2015 to 2016, India’s GDP growth was around 7.6 percent, and some market commentators are predicting growth of around 7.8 [percent] for 2016 to 2017,” said Simon Davies, the company’s vice president for sales in India. “Demand for business aircraft is closely correlated to economic growth, so we believe long-term that India will see a significant increase in demand for business jets.”