SME Times News Bureau | 09 Jan, 2021
Pradeep Singh Kharola, Secretary, Ministry of Civil Aviation, Govt of India today
said the state governments must play an important role in aerospace
components manufacturing. State policies on investment, taxation, and
labour attract manufacturing units from all over the country.
Speaking at the Aero India 2021- 13th Biennial International Exhibition & Conference on 'Making India Self Reliant in Aerospace Manufacturing', organized by FICCI and Ministry of Civil Aviation, Mr Kharola said
that it is now time to move from generics to specifics as far as
aerospace manufacturing is concerned. Drones are an important part of
the aerospace industry. Our young entrepreneurs can capitalise on the
various reforms being brought in by the government, he said.
that the aerospace industry ranges from R&D and design,
manufacturing to MRO. "The MRO (Maintenance, Repair, Overhaul) is a
fledgling industry, and we are working towards making it more vibrant
and sustainable and to ensure that India emerges as the MRO hub of the
region," he added.
Elaborating further, Kharola said
that with fast expanding skies, most aircraft need to be sent abroad
for maintenance and repair. "This is the lowest hanging fruit that needs
to be plucked. We are working on certain reforms- the tax policies have
been rationalised. As a result, our MROs are on a level playing field,"
that manufacturing that was thought to be an exclusive domain of the
public sector, now has private players moving into India into the
components manufacturing sector. This is a sector that needs to be
strengthened further and this is the sector where the actual growth will
come from. It can grow monumentally, he said.
have a large defence requirement- the defence offset policy wherein a
favourable environment has been created for investments to be made in
India and this requirement will only increase. "We need to sit together
with stakeholders and identify opportunities to get the required synergy
to sustain the aerospace sector," he noted.
Additional Secretary, Department for Promotion of Industry and Internal
Trade, Govt of India said that the Indian aviation industry has
witnessed a robust growth over the years. It plays a key role in
connecting Indians across remote corners of the country. "The Indian
civil aviation industry has become one of the world's most lucrative
aviation markets. There are huge opportunities in the Indian aviation
industry for investments. The world is focused on Indian aviation and
business opportunities- from manufacturers, tourism boards to global
businesses," she said.
Further, Dawra said
that India will need a roadmap to boost manufacturing of the critical
components. "India is open to partnering with the manufacturers of the
world under Make in India and be a critical partner of the supply chain
of aerospace manufacturing. The DPIIT has also been working on creating a
national single window system which is projected to be launched by
mid-April 2021, which will be a convergence point for clearances for
investors. We have also put together and launched a GIS enabled land
bank which is in public domain now," she added.
have also undertaken an exercise to rate industrial parks of the
country to facilitate investors in making their investment choices,"
noted Ms Dawra.