Jyotiraditya Scindia, Union Minister for Civil Aviation & Steel on Friday said now is the time for aerospace players to look at leveraging the opportunities in the country. Amid the global aviation segment facing headwinds of geopolitical issues and supply chain woes, the civil aviation minister also said India is the “promised land” that can help offset the risks.
Shri Scindia, inaugurated the ‘International Aerospace Conference: Moving Towards Inclusive Global Value Chains’. It is being jointly organised by the Ministry of Civil Aviation and Confederation of Indian Industry (CII) on 1st and 2nd September 2023 in Gwalior, Madhya Pradesh.
In his inaugural address, Shri Jyotiraditya M Scindia said that now it is time for global aerospace industry players to supplant themselves to India and there are multiple reasons for it:
A) Development of Infrastructure:
Indian civil aviation sector has moved to 148 (74) airports including heliports and water aerodromes.
Government is committed to take this number upwards of two hundred in coming three to five years;
B) Availability of aircrafts:
Now we have reached the avaibility og almost 700 ( 400) plnes and nearly 1000 more on order;
C) Ecosystem Development:
The disinvestment of Air India has brought about a transformation in civil aviation industry in the country, not only for passengers, ,airports, but also for MROs, for manufacturing sector, and for cargo.
D) Thrust on Regional Connectivity:
UDAN has given birth to 4 new regional airlines in the country. The hub and connectivity network we have been talking about for decades is a reality in India today.
