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India will emerge as 3rd largest global market in aviation sector in coming years: PM Modi

Prime Minister Narendra Modi has expressed confidence that India will emerge as the third-largest global market in the aviation sector in the coming years. He said, new opportunities are emerging in the aerospace manufacturing sector under the vision of Make in India and Make for the world. He said, India can become a Maintenance, Repair, Overhaul (MRO) hub for the aviation sector.

Addressing a virtual meeting with French President Emmanuel Macron on the agreement between Air India and Airbus, Mr Modi on  said, civil aviation is playing an instrumental role in the growth of the country. He said, the Indian aviation sector will need more than 2,000 aircrafts in the next 15 years. Terming this deal historic, Mr. Modi said, this shows strengthening of strategic partnership between India and France. He said, this deal will help in fulfilling the growing demands of the aircrafts.

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