PM Invites Global Firms to Invest in Aviation
04 Jun 2025
2 Min Read
CW Team
Prime Minister Narendra Modi on Monday invited international aviation companies to invest in India's rapidly expanding aviation sector, citing a streamlined regulatory framework, ease of compliance, and simplified taxation as key enablers. He was speaking at the 81st Annual General Meeting of the International Air Transport Association (IATA) and the World Air Transport Summit (WATS) in Delhi.
Emphasising India鈥檚 rise as a key player in the aviation ecosystem, PM Modi outlined the country鈥檚 plan to establish a USD 4 billion Maintenance, Repair and Overhaul (MRO) hub by 2030. He highlighted India鈥檚 growing capacity in this domain, noting an increase in MRO facilities from 96 in 2014 to 154 at present, supported by 100 per cent FDI under the automatic route, a reduction in GST, and rationalised tax structures.
鈥淭he new Indian Aircraft Act brings our aviation laws in line with global standards, opening new opportunities for global investors,鈥� the Prime Minister said. He noted that India鈥檚 civil aviation sector has undergone historic changes over the last decade, positioning the country as a leader in space-aviation convergence and an emerging hub for innovation and inclusive growth.
The IATA AGM, held in India after 42 years, attracted over 1,600 global aviation leaders, government officials, and media representatives. Modi outlined three pillars driving India鈥檚 aviation ascent:
- A vast and aspirational domestic market
- A strong demographic and innovation-driven talent pool
- An open, growth-oriented policy ecosystem
India is now the third-largest domestic aviation market globally, he added, highlighting the country鈥檚 transformation over the past four decades. "Today鈥檚 India is confident, capable, and committed to leading global aviation growth," PM Modi said.
Prime Minister Narendra Modi on Monday invited international aviation companies to invest in India's rapidly expanding aviation sector, citing a streamlined regulatory framework, ease of compliance, and simplified taxation as key enablers. He was speaking at the 81st Annual General Meeting of the International Air Transport Association (IATA) and the World Air Transport Summit (WATS) in Delhi.Emphasising India鈥檚 rise as a key player in the aviation ecosystem, PM Modi outlined the country鈥檚 plan to establish a USD 4 billion Maintenance, Repair and Overhaul (MRO) hub by 2030. He highlighted India鈥檚 growing capacity in this domain, noting an increase in MRO facilities from 96 in 2014 to 154 at present, supported by 100 per cent FDI under the automatic route, a reduction in GST, and rationalised tax structures.鈥淭he new Indian Aircraft Act brings our aviation laws in line with global standards, opening new opportunities for global investors,鈥� the Prime Minister said. He noted that India鈥檚 civil aviation sector has undergone historic changes over the last decade, positioning the country as a leader in space-aviation convergence and an emerging hub for innovation and inclusive growth.The IATA AGM, held in India after 42 years, attracted over 1,600 global aviation leaders, government officials, and media representatives. Modi outlined three pillars driving India鈥檚 aviation ascent:A vast and aspirational domestic marketA strong demographic and innovation-driven talent poolAn open, growth-oriented policy ecosystemIndia is now the third-largest domestic aviation market globally, he added, highlighting the country鈥檚 transformation over the past four decades. Today鈥檚 India is confident, capable, and committed to leading global aviation growth, PM Modi said.
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