What Happened
Civil Aviation Minister Naidu Pushes for Domestic Integration
Civil Aviation Minister K Rammohan Naidu has emphasized the importance of increasing the participation of Indian MSMEs in the global aerospace market. With Indian airlines having placed orders for over 1,600 aircraft, the country’s aerospace market is poised to nearly double by 2035. Indian MSMEs currently supply over $4 billion in components annually, and efforts are underway to design, certify, and manufacture components within India. According to the minister, this presents a significant opportunity for Indian manufacturers and MSMEs to become part of global aerospace supply chains, as reported by The Economic Times.