MUMBAI (Reuters) - India wants to encourage aircraft makers to manufacture in the country, starting with components and moving eventually to complete aircraft, Aviation Minister Suresh Prabhu said on Sunday.
In a series of messages on Twitter, Prabhu appealed to Airbus and Boeing Co to participate in the push as part of the government's flagship "Make In India" campaign, highlighting the growth potential of the booming market, which has been adding passengers and cutting fares.
India's booming aviation market and economy needs more than 1,000 passenger planes and "many more" cargo planes, Prabhu, who last week visited an Airbus facility in Toulouse in France, wrote in the Twitter post.
Airbus said last year it expected Indian carriers to order 1,750 aircraft over 20 years. Boeing predicted up to 2,100 planes would be sold in the same period.
(Reporting by Aditi Shah and Devidutta Tripathy, editing by Larry king)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
