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High-Flying Opportunity! PM Modi Invites Global Firms to India’s Thriving Aviation Sector

Updated: June 03, 2025 10:14

Image Source: The Financial World
Prime Minister Narendra Modi has invited global firms to invest in India’s rapidly expanding aviation sector, emphasizing policy reforms, infrastructure growth, and emerging opportunities. Speaking at the International Air Transport Association’s (IATA) 81st Annual General Meeting, Modi outlined India’s ambitious aviation roadmap, positioning the country as a global leader in aircraft manufacturing and maintenance.
 
Key Highlights:
  • MRO Expansion: India aims to establish a $4 billion Maintenance, Repair, and Overhaul (MRO) hub by 2030, with 154 operational facilities, up from 96 in 2014.
  • Policy Reforms: The Indian Aircraft Act aligns aviation laws with global best practices, ensuring ease of compliance and a simplified tax structure.
  • Infrastructure Growth: India has expanded its airport network from 74 to 162, reinforcing its position as the third-largest domestic aviation market.
  • FDI & Investment Push: The government offers 100% FDI under the automatic route, alongside GST reductions and tax rationalization measures to attract foreign investors.
  • UDAN Scheme Success: Over 15 million passengers have benefited from affordable air travel, boosting regional connectivity.
Modi emphasized that India is not just an aviation market but a value-chain leader, urging firms to embrace ‘Make in India’ and ‘Design in India’ initiatives.
 
Sources: The Hindu BusinessLine, The Hans India, MSN News

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