US aviation firms asked to set up bases in India

Washington: India has asked US aviation companies to think of establishing manufacturing bases and investing in aviation infrastructure like airports in India for a long-term commitment.
Visiting Indian Minister of State for Civil Aviation Praful Patel told senior US officials like Commerce Secretary Gary Locke and Transportation Secretary Ray LaHood Thursday that Washington should also explore the possibility of liberalising the export control regime.
Locke and LaHood told Patel that US companies were very impressed with the growth displayed by India's aviation sector and were keen to contribute to the growth, according to an Indian embassy press release. In response, Patel said these companies needed to "show a long-term commitment beyond just exporting to India" and should seriously "explore the possibility of establishing manufacturing bases and investing in aviation infrastructure like airports".
At meetings with Locke, LaHood and Federal Aviation Administrator Randy Babbitt, both sides acknowledged the positive role of aviation in improving connectivity between the two countries, since the signing of the Open Skies Agreement in 2005.
27/03/10 IANS/Economic Times

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Categories: Airports Mar 2010, Foreign Mar 2010, Indian Aviation- In General Mar 2010, New Mar 2010