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Paris Air Show, the world’s largest, oldest, and longest running air show is once again set to bring together players from the global aviation around the latest technological innovations in the world. This aviation extravaganza staging its 53rd edition brings huge potential for the Indian aviation market as well. While the Indian aviation industry is all geared up with major transformations in Artificial Intelligence and Machine Learning, and poises to be become the third largest aviation market by 2023, a severe lack of Maintenance, Repair, and Overhaul (MRO) facilities, adequately skilled manpower and a heavily unbalanced industrial complex pose serious challenge. In this issue of Biz@India we bring you an insight into the aviation and defence sectors, highlighting their recent developments, and also looking at the challenges that they face.