The Indian subsidiary of United States-based UTC Aerospace Systems (UTAS) said the recent approval from the US Federal Aviation Authority to one of its products being manufactured in the country will give a push to Prime Minister Narendra Modi's 'Make in India' campaign. The US regulator has for the first time given approval for two aircraft parts manufactured in India — a four-person life raft developed by the Indian arm of UTAS and nickel-cadmium batteries developed by Hyderabad-based HBL Power Systems.
"Manufacturing for commercial aviation is primarily limited to the US and Europe. An FAA approval to our product is an acceptance of the India manufactured product for the world and will definitely give a big boost to the 'Make in India' initiative, as we will see many more companies applying for such permissions," Chris Rao, vice-president and head of UTAS India told ET.
Rao added that his company will apply for approvals for quite a few other products they manufacture in the country.
04/02/15 Economic Times
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"Manufacturing for commercial aviation is primarily limited to the US and Europe. An FAA approval to our product is an acceptance of the India manufactured product for the world and will definitely give a big boost to the 'Make in India' initiative, as we will see many more companies applying for such permissions," Chris Rao, vice-president and head of UTAS India told ET.
Rao added that his company will apply for approvals for quite a few other products they manufacture in the country.
04/02/15 Economic Times
