India will need 2,300 planes worth $320 billion in 20 yrs: Boeing
India will need 2,300 airplanes worth $320 billion over the next 20 years, US aircraft maker Boeing said on Wednesday. As much as 84% of the planes would be narrow-body and the rest would be wide-body, it added. Boeing also said that airfares in the Indian market are 10-15% lower than breakeven levels for airlines.n