Civil Aviation Minister Scindia asks aerospace manufacturers to increase supply chain manufacturing footprint in India
Dec 12, 2023
New Delhi [India], December 12 : In a significant move towards fortifying India's aerospace manufacturing and MRO sector, the Minister of Civil Aviation and Steel, Jyotiraditya M Scindia on Tuesday urged leaders of aerospace manufacturing majors to present a collaborative plan outlining their requirements from each department of the Government of India, in order to help them expand supply chains for aerospace manufacturing in India.
During the Advisory Group meeting of Aerospace Manufacturers and MROs, the Union Minister, Scindia, also engaged in detailed discussions with MROs on their operational and taxation challenges, the Ministry of Civil Aviation said in a release.
As per the ministry, Scindia assured to relook select taxation and regulatory issues and collectively work towards greater financial viability for MROs.
The Civil Aviation Minister further underlined the ministry's commitment towards establishing India as a global hub for aviation, and creating a robust and globally 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 VK 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.