PM Invites Global Firms to Invest in Aviation

04 Jun 2025 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’s rise as a key player in the aviation ecosystem, PM Modi outlined the country’s plan to establish a USD 4 billion Maintenance, Repair and Overhaul (MRO) hub by 2030. He highlighted India’s 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.

“The new Indian Aircraft Act brings our aviation laws in line with global standards, opening new opportunities for global investors,” the Prime Minister said. He noted that India’s 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’s 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’s transformation over the past four decades. "Today’s India is confident, capable, and committed to leading global aviation growth," PM Modi said.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..