Business

Scindia Requests Aerospace Companies To Increase Their Supply Chain In India

On Tuesday, the civil aviation ministry requested that aerospace manufacturing companies produce a collaborative strategy outlining their requirements to develop their supply chain in India.

The discussions took place during the advisory group meeting of aerospace manufacturers and MROs.

Civil Aviation Minister Jyotiraditya Scindia met with MRO representatives to discuss operational and taxation concerns.

According to an official announcement, the minister promised to reconsider some fiscal and regulatory concerns and to work together to improve the financial viability for MRO (maintenance, repair, and overhaul) players.

“Scindia urged leaders of aerospace manufacturing majors to present a collaborative plan outlining their requirements from each department of the Government of India, to help them expand supply chains for aerospace manufacturing in India”, the statement reads.

Representatives from Airbus, Boeing, Safran, Max Aerospace, AIESL, Pratt & Whitney, and Air Works, among others, attended the meeting.

V.K. Singh, Minister of State for Civil Aviation, Vumlunmang Vualnam, Civil Aviation Secretary, and other senior officials were also present.

Also read: Netanyahu Could Lose Support For Hamas War, Biden Warns

Spriha Rai

Recent Posts

SC Refuses To Lift Firecracker Ban In Delhi-NCR, Cites Severe Pollution

On December 12 last year, the Supreme Court directed Delhi-NCR, Haryana, Uttar Pradesh, and Rajasthan…

14 mins ago

President Donald Trump’s Executive Order Imposes 27% Additional Duty On Indian Goods

Donald Trump’s executive order has raised tariffs on Indian imports by 27%, prompting India’s Commerce…

17 mins ago

Adani Airports Expands DigiYatra Services To Mangaluru & Thiruvananthapuram

Adani Airports has launched DigiYatra at Mangaluru and Thiruvananthapuram airports, enhancing digital passenger services.

18 mins ago

PM Modi Receives Guard Of Honor In Bangkok; Holds Talks With Thai Counterpart

Prime Minister Narendra Modi was accorded a ceremonial Guard of Honor upon his arrival in…

34 mins ago

SC Expresses Displeasure Over Delay In Nithari Murder Case Hearing

The Supreme Court criticized the CBI and UP government for seeking to delay the hearing…

55 mins ago

SC Reserves Verdict On BRS MLAs’ Disqualification; Criticizes Telangana CM

The Supreme Court has reserved its decision on the petition seeking the disqualification of BRS…

1 hour ago