This initiative may indicate India's growing ambition to become a significant player in the global aerospace industry. The focus on MSMEs suggests a strategy to foster a robust and diverse supply chain, which could benefit both domestic and international companies operating in the sector.
Government Pushes for More Indian Suppliers in Global Aerospace
The Indian government is seeking to increase the participation of Micro, Small, and Medium Enterprises (MSMEs) in global aerospace supply chains. According to the Civil Aviation Minister, India should not just be a place for assembling aerospace components but also for designing, certifying, and manufacturing them. This push for more Indian suppliers in the global aerospace industry was reported by ETInfra.
This initiative may indicate India's growing ambition to become a significant player in the global aerospace industry. The focus on MSMEs suggests a strategy to foster a robust and diverse supply chain, which could benefit both domestic and international companies operating in the sector.
Government Pushes for More Indian Suppliers in Global Aerospace
The Indian government is seeking to increase the participation of Micro, Small, and Medium Enterprises (MSMEs) in global aerospace supply chains. According to the Civil Aviation Minister, India should not just be a place for assembling aerospace components but also for designing, certifying, and manufacturing them. This push for more Indian suppliers in the global aerospace industry was reported by ETInfra.