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Tag: Aviation

  • Aviation Minister Aims to Become Leading Aviation Hub

    Aviation Minister Aims to Become Leading Aviation Hub

    Aviation Minister Shri Kinjrapu Rammohan Naidu has announced the implementation of a uniform IGST rate of 5% on all aircraft and aircraft engine parts. This will be effective from today,15th July 2024. This decision represents a major milestone for the domestic Maintenance, Repair, and Overhaul (MRO) industry. It intends to establish India as a global aviation hub.

    Commenting on this development, Shri Naidu said, “The introduction of a uniform 5% IGST rate on MRO items is a major boost for the aviation sector.” Previously, the varied GST rates of 5%, 12%, 18%, and 28% on aircraft components created challenges. The varied taxes include an inverted duty structure and GST accumulation in MRO accounts. This new policy removes inequalities, simplifies the tax system, and promotes growth in the MRO industry.

    The Union Minister emphasized Prime Minister Shri Narendra Modi’s visionary leadership in making the Atma Nirbhar Bharat initiative possible. PM’s support has been crucial in driving forward the policy to transform India into a leading aviation hub.

    The Union Minister praised the Ministry of Civil Aviation, Ministry of Finance, and other stakeholders for their diligent work. This helped in achieving the policy change recommended by the GST Council during its 53rd meeting on June 22, 2024. The new uniform 5% IGST rate is designed to lower operational costs, address tax credit issues, and attract investment.

    Fly High

    Target for the Aviation Industry

    Shri Rammohan Naidu highlighted the prospects, saying, “Our vision is to turn India into a leading aviation hub.” Moreover, the Indian MRO industry is projected to reach a value of $4 billion by the year 2030. Furthermore, this policy change is a crucial step toward establishing a robust MRO services ecosystem, fostering innovation, and ensuring sustainable growth.

    The ministry is confident that this action will greatly improve the competitiveness of the Indian MRO sector. It will also encourage innovation and efficiency, and establish a strong and effective aviation industry.

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    What is Aviation Meaning

    Aviation refers to the activities surrounding mechanical flight and the aircraft industry. It encompasses a wide range of aspects, including:

    Aircraft: This covers all types of flying machines, from fixed-wing aeroplanes and helicopters to lighter-than-air vehicles like hot air balloons and airships.

    Flight Operations: This involves the entire process of operating an aircraft, from pre-flight checks and air traffic control to take-off, landing, and navigation.

    Airports and Air Traffic Control: Airports provide the infrastructure for take-off, landing, and maintenance of aircraft, while Air Traffic Control ensures the safe and orderly flow of air traffic.

    Manufacturing and Design: The aviation industry involves a complex network of companies that design, develop, manufacture, and maintain aircraft, aircraft engines, and other technologies.

    Regulation and Safety: Government agencies and international organizations set and enforce safety regulations to ensure the safe operation of aircraft.

    General: This refers to all non-commercial flying activities, such as private flying, recreational flying, airshows, and flight training.

    Aviation has revolutionized transportation, making it possible to travel long distances quickly and efficiently. It has also played a significant role in global trade, military operations, and scientific research.

    Proposal to replace DGCA with CAA

    Currently, the Directorate General of Civil Aviation (DGCA) is the Indian government’s regulatory body for civil aviation. Here’s a summary of its functions:

    • Ensures Safety: The primary focus of the Directorate General of Civil Aviation is safety. Moreover, it enforces regulations, maintains airworthiness standards for aircraft, and investigates accidents and incidents.
    • Issues Licenses: Pilots, aircraft maintenance engineers, air traffic controllers and flight engineers all require licenses issued by the DGCA.
    • Regulation of Air Transport: The DGCA regulates air transport services within, to and from India. Furthermore, this includes economic regulations and setting airfare standards.
    • Coordinates with ICAO: The Directorate General of Civil Aviation works alongside the International Civil Aviation Organization (ICAO) to ensure compliance with international safety standards.

    The DGCA is headquartered in New Delhi and you can find more information on their official website. There’s also a proposal to replace the DGCA with a new Civil Aviation Authority (CAA) but currently, the DGCA remains the active regulatory body.

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  • Boeing Centre was inaugurated in Bengaluru

    Boeing Centre was inaugurated in Bengaluru

    Boeing Centre was inaugurated today in Bengaluru a city of Karnataka state of India. The campus of Boeing Centre is spread over 43 acres and it cost Rs 1600 crore to build it. This centre of Boeing is the company’s largest investment outside America.

    It is a hi-tech defence and aerospace park campus located in Devanahalli on the outskirts of Bengaluru. This centre will develop next-generation advanced products and services for the global aerospace and defence industry.

    Prime Minister Narendra Modi inaugurated the new Global Boeing India Engineering and Technology Centre of the American aircraft manufacturing company Boeing in Bengaluru, Karnataka. During this, Karnataka CM Siddaramaiah, Governor Thaawarchand Gehlot and top officials of Boeing were also present.

    At the Inauguration of Boeing Centre PM Modi addressed the people

    In his address after the inauguration of Boeing’s Tech Center (Boeing India Engineering & Technology Center (BIETC)), PM Modi said “Bengaluru is a city that connects expectations with invention and achievements. Bengaluru connects India’s technological capabilities to global supplies. This new campus of Boeing will further strengthen the identity of Bengaluru. This will be Boeing’s largest centre outside America”.

    Furthermore, the Prime Minister said that “this campus will strengthen the world’s faith in India’s talent. One day India itself will design future aircraft in this centre. Be it fighter pilots or civil aviation, today India is leading in the matter of women pilots. Today, 15% of India’s pilots are women pilots, which is three times more than the global average”.

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    Addressing the people present there, he said, ‘India’s aviation market has completely changed in the last 10 years. Today every aviation stakeholder is full of new energy. India has today become the third-largest domestic aviation market in the world. The number of domestic passengers is going to increase in the coming days. This is the right time for other Boeing and international companies to grow with India.

    During the inauguration ceremony, the audience was raising slogans of Modi-Modi. On this, Prime Minister Narendra Modi targeted CM Siddaramaiah and said, ‘Chief Minister, it keeps happening.’

    CM Siddaramaiah said Boeing Centre is another achievement of Karnataka

    CM Siddaramaiah said that with the inauguration of this Boeing centre, another achievement has been added to the achievements of Karnataka. Karnataka has been at the forefront of technological development in India. Also, this state is the fourth largest technology cluster in the world. It ranks first in the Innovation Index in India and Karnataka exports the most among all the states.

    The ‘Boeing Sukanya Program’ also started

    The Prime Minister also launched the ‘Boeing Sukanya Program’ which aims to promote more and more girls from across India in the country’s growing aviation sector. The program will provide opportunities for girls and women to learn critical skills in Science, Technology, Engineering and Mathematics (STEM) fields and train for jobs in the aviation sector. Under the program, girls will be helped to develop an interest in careers related to the STEM field. Moreover, labs will be built at 150 places under this program.

    Vision change life

    Ms Stephanie Pope COO of Boeing Company said

    Ms. Stephanie Pope, the Chief Operating Officer (COO) of Boeing Company, has recently stated that the Boeing Centre Campus is expected to become one of the most advanced examples of the “Atmanirbharta” initiative, which is focused on promoting self-reliance in India. Moreover, Ms Pope praised the Prime Minister’s efforts in boosting the aviation sector in India and acknowledged his instrumental role in making the Boeing Sukanya Program a reality. She expressed her gratitude for the continued support and looked forward to working together to shape the future of the aerospace industry.

    Ms Stephanie expressed that the new campus is a tribute to Boeing’s engineering legacy. Furthermore, it will demonstrate the belief in the availability, depth of talent and capability that exists in India. She provided more details about the new campus and Boeing’s plan to create an ecosystem that will push India to the forefront of the aerospace industry. Moreover, she credited the Prime Minister for his idea of the Sukanya program. She praised Boeing’s efforts to create and accelerate opportunities for Indian women in aviation.

    Furthermore, she also mentioned that this program will break barriers and inspire more women to pursue careers in aerospace. Additionally, she explained the plans to provide STEM labs in middle schools. And expressed confidence in the partnership between Boeing and India. This partnership will shape the future of aviation and make a positive impact on the people of India and around the world.

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