How does the Centre aim to enhance domestic production in the aerospace industry
Union Minister chairs meeting with aerospace industry to ramp up domestic production
- Promoting indigenous design and development of aerospace technologies to reduce dependency on imports.
- Providing financial incentives and subsidies to encourage domestic production in the aerospace sector.
- Establishing collaborations with leading aerospace companies to transfer technology and expertise to domestic manufacturers.
- Offering skill development programs and training to enhance the capabilities of the domestic workforce in the aerospace industry.
- Streamlining regulatory processes and facilitating ease of doing business for aerospace companies in India.
- Encouraging research and development initiatives to foster innovation and competitiveness in the domestic aerospace sector.
- Creating a conducive policy environment to attract investments and spur growth in the domestic aerospace industry.
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3 months ago