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

Mumbai BJP Vice President Acharya Pawan Tripathi Takes Helm As Treasurer Of Shri Siddhivinayak Ganapati Mandir Trust

Acharya Pawan Tripathi, Vice President of Mumbai BJP, has assumed the role of Treasurer of…

6 hours ago

Hospital Fire In Taiwan Claims Eight Lives

A devastating fire at Antai Tian-sheng Memorial Hospital in Pingtung County, Taiwan, has resulted in…

11 hours ago

Israeli Drone Attack Destroys Weapons Depot In Syria

An Israeli drone attack targeted and destroyed a weapons depot in the coastal Syrian city…

11 hours ago

Income Tax Department Files Case Against NGOs For Hindering Development Projects

Income Tax Department has filed a case against five non-governmental organizations (NGOs) for allegedly attempting…

11 hours ago

Supreme Court Challenges Order To Shoot Man-Eating Leopards In Rajasthan

Chief Wildlife Warden of Rajasthan's controversial order to shoot man-eating leopards on sight has been…

13 hours ago

Yogi Government To Build ‘Digital Kumbh Museum’ Ahead Of Mahakumbh 2025

As part of the museum, a gallery will showcase the 14 gems of Samudra Manthan.…

14 hours ago