In an effort to bolster India’s aerospace manufacturing and MRO (Maintenance, Repair, and Overhaul) sector, Minister of Civil Aviation and Steel Jyotiraditya Scindia has urged leaders of major aerospace manufacturing companies to present a collaborative plan charting out the requirements they have from each department of the Government of India. This would facilitate the expansion of supply chains for aerospace manufacturing within the country.
Scindia also engaged in detailed discussions with MROs regarding their operational and taxation challenges during the Advisory Group meeting with Aerospace Manufacturers and MROs. He assured the firms that selected taxation and regulatory issues would be reconsidered, emphasizing collective efforts to enhance the financial viability of MROs. He further reiterated the ministry’s dedication to establishing India as a global hub for aviation, aiming to create a robust and globally competitive aviation ecosystem.
Who all were in attendance?
The meeting was attended by big names in the industry, including 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.
Union Minister of State for Civil Aviation & Road Transport and Highways, VK Singh, along with other senior officials from the DGCA, AAI, BCAS and MoCA.
Uttar Pradesh to get nine more airports
Earlier this month, Scindia announced that the state of Uttar Pradesh will be getting nine more airports in the next two years. This would take the total number of airports in the state to 18. He had said that the Modi government is giving a huge importance to the civil aviation sector, adding it has developed 75 airports in the last nine years, compared to 74 airports in the first 65 years of independence.