Union Minister of Civil Aviation Shri Ajit Singh has said that there is a need to develop Tier II and Tier III companies in the country to manufacture small components and assemblies of aircraft. He was addressing a meeting of a group of manufacturers of aerospace products in Bangalore on 17JUL12.
The Minister said the aerospace industry in the country is still in infancy stage. Presently, passenger aircrafts manufacture is being done by the public sector but the private sector is also showing initiative. He also notes, the goal of existing manufacturing units, which are in the process of manufacturing aircraft parts outsourced by foreign companies, should be to supply their products to foreign companies.
The Minister expressed hope that the Indian aerospace industry will compete in the global market and will be capable of attaining international standards. With a view to provide special training for a large number of semi-qualified personnel to meet the requirements of aerospace industry, the Ministry has undertaken several mutually beneficial bilateral projects for the benefit of youths.
The Minister assured the manufacturers of aerospace industry that the specific recommendations of the aerospace promotion council will be taken up with the ministries and departments concerned for speedy action and redressal of grievances.
The Minister also stressed the need for a comprehensive civil aviation policy concerning issues pertaining to regulatory standards and the infrastructure that affect the aerospace industry.
On another note, Singh said the GOI is in the process of providing air connectivity to remote and interior areas of the country including the North Eastern Region and Tier II and Tier III cities. In doing so, the new policy instrument in the form of Route Dispersal Guidelines will be under consideration. It includes creation of Essential Air Services Fund (EASF) for providing direct subsidy to encourage domestic airlines to fly on these remote and interior routes.