Some of the key issues of the Indian aerospace industry like the strategy for import substitution, skill development in aerospace, taxation impacting the industry, how to develop and integrate Indian supply chain with the global aerospace OEMs were discussed at the first meeting of the newly-constituted Confederation of India Industry’s National Committee on Aerospace (CIINCA) under chairmanship of HAL chairman R K Tyagi.
Tyagi said, the representatives of these organisations in the CIINCA would work closely with Ministry of Defence and Civil Aviation, IAF, DGCA, other strategic ministries, and states to create an environment for the industrial growth and FDI in aerospace. CIINCA would also like to propose taxation reforms, policy framework for MRO sector, proposals to promote R&D and innovation culture, how to leverage strength of the service sector for aerospace industry.
The composition of CIINCA includes companies such as RIL, BEL, Mahindra Aerospace, Walchandnagar Industries, L&T, TATA Sons, Maini Precision Products, Godrej & Boyce. SASMOS Technologies, Shinmayawa Industries, Bharat Forge Ltd, Mach Aero Components, Samtel Color Ltd, Gorwa Engineering Technologies, Astra Microwave Products Ltd, Hi-Tech Robotic Systemz Ltd, Lockheed Martin, Boeing India, BAE Systems India, India Airbus Group among others.
Airbus Helicopters, Rolls Royce, Honeywell India, SAAB India, Rosoboronservice (India) Ltd, Raytheon Inc, Israel Aerospace Industries Ltd, AAI, GMR Group, Air India and Safran India.
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