Chandigarh: A member of the National Institution for Transforming India (NITI) Aayog, Dr VK Saraswat, today called upon private airlines to set up maintenance, repair and overhaul (MRO) facilities in India as it has a large scope for employment generation in the aviation sector.
Delivering the presidential address at a two-day national symposium on “Careers and Opportunities in Aerospace Defence Technology” organised jointly by the Defence Research and Development Organisation (DRDO) and the Aeronautical Society of India (AeSI), he pointed out that most private airlines had MRO facilities in Sri Lanka or Dubai, which was unfortunate.
“We have MROs for Air India and Indian Airlines. If we set up MROs here, we have a large scope to generate employment. For that, we need to change our system of taxation. Repairs in India are not done as our tax structure is not competitive,” Saraswat, who was earlier Scientific Adviser to the Defence Minister and head of the Defence Research and Development Organisation, said.
07/11/15 Tribune
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Delivering the presidential address at a two-day national symposium on “Careers and Opportunities in Aerospace Defence Technology” organised jointly by the Defence Research and Development Organisation (DRDO) and the Aeronautical Society of India (AeSI), he pointed out that most private airlines had MRO facilities in Sri Lanka or Dubai, which was unfortunate.
“We have MROs for Air India and Indian Airlines. If we set up MROs here, we have a large scope to generate employment. For that, we need to change our system of taxation. Repairs in India are not done as our tax structure is not competitive,” Saraswat, who was earlier Scientific Adviser to the Defence Minister and head of the Defence Research and Development Organisation, said.
07/11/15 Tribune
