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Bombardier Business Aircraft | Market Forecast 2011-2030

India

Business Jet Penetration Forecast - India Fleet per capita vs. GDP per capita, 1960-2030

1,000

2030

100

2010

10

Fleet per 100 Million Population (Log Scale)

Actual Forecast

1960

1

100

1,000

10,000

100,000

GDP per Capita (USD, Log Scale)

Sources: Ascend, IMF, IHS Global Insight, UN Population Project, Bombardier forecast. Includes very light jets.

has capitalized on its large number of well-educated people, skilled in the English language. According to IHS Global Insight, India is forecast to be the world’s fastest growing region in the period from 2011 to 2030, with GDP growth averaging 7.5% per year. In 2011, India’s growth is predicted to be at 8.3%.

India has one of the fastest growing middle- class in the world. The world’s most populous democracy escaped the worst of the global financial crisis of 2008-2009 through cautious banking policies and a relatively low depend- ence on exports. While the Indian economy is diverse, services, such as IT, are the major source of economic growth, accounting for more than half of India’s output. India

India’s economy continued to experience remarkable development, increasing at 8.5% per year during 2010, second only to China. Economic liberalization that began in the early 1990s served to accelerate India’s growth, which averaged more than 7% per year since 1997.

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