The Rising Demand For Parachutes Fuelling India’s Parachute Manufacturing Industry

It is estimated that the global parachute market will be US $2.3 billion worth by 2032, and parachute manufacturers in India are rising to this demand. Within India, this industry segment has seen fantastic growth in recent years thanks to the government’s “Make in India” initiative. Besides two Defence PSUs  namely OEF Hazratpaur and OPF Kanpur, […]