The government will work towards designing and manufacturing aircraft in India with the help of the industry players, Civil Aviation Minister K Rammohan Naidu said on Monday.
The Bhartiya Vayuyan Vidheyak Bill 2024, which was passed by the Lok Sabha in August, includes provisions to regulate the design and manufacturing of aircraft, supporting the Aatmanirbhar Bharat initiative.
"We want to design and manufacture planes in India. We are taking help from HAL (Hindustan Aeronautics Ltd) and NAL (National Aerospace Laboratories) and other industry partners we have.
"In the foreseeable future, we want to also have a situation where we manufacture planes not for domestic demand only but also for the demand of the entire world... we are going to move towards it," the minister said.
State-owned HAL is already into manufacturing small civilian planes but on a smaller scale.
India is one of the world's fastest growing civil aviation markets and Indian carriers have more than 1,200 planes on order.
The country is a key market for aircraft manufacturers - Boeing and Airbus.
Last month, Naidu said the government will set up a special purpose vehicle to push ahead with plans to start manufacturing commercial aircraft in India.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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
)