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Monday, February 26, 2024

Civil Aviation Minister Urges Aerospace Manufacturers to Expand Footprint

Shri Jyotiraditya M. Scindia, Minister of Civil Aviation and Steel, urged leaders of aerospace manufacturing majors to present a collaborative plan outlining their requirements from each department of the GOI, in order to help them expand supply chains for aerospace manufacturing in India.

During the Aerospace Manufacturers and MROs Advisory Group meeting, Minister Scindia also held thorough discussions with MROs about their operational and taxation concerns. He promised to reconsider some taxation and regulatory concerns and to work together to improve the financial sustainability of MROs.

He also emphasized the ministry’s commitment to building India as a global aviation center and developing a robust and internationally competitive aviation ecosystem.

The meeting was attended by players like Airbus, Boeing, Safran, Max Aerospace, GMR MRO, Bharat Forge, Tata Advanced Systems, RTX, HAL, AIESL, Pratt & Wittney, Air Works, Taj Air, Bird Executive, Invest India and CII.

The meeting also was attended by Gen(Retd) Dr. V. K. Singh, Union Minister of State for Civil Aviation & Road Transport and Highways, Shri Vumlunmang Vualnam, Secretary, Ministry of Civil Aviation (MoCA) and other senior officials from DGCA, AAI, BCAS and MoCA.

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