Regulations and Government
India Eyes Offset Components Opportunties
Indian companies are adopting new technologies as they see opportunities to supply the OEMs and first-tier suppliers.

The civil aviation policy promised last year by the new Indian government is stalled, leaving new carriers Vistara and AirAsia India hoping for a relaxation of the rule that mandates a domestic carrier must fly for five years and have a fleet of 20 aircraft before it can fly internationally. There is good news, however, with increasing attention on engineering design services and component manufacture in the commercial and business aviation sector, opening opportunities in this sector.