India today invited American business to invest in the burgeoning aviation sector, saying there is huge potential for investment of up to $130 billion over the next 10-5 years.
At the third US-India Aviation Summit here, India and the US signed the Implementation Procedures for Airworthiness agreement that would open up the huge market for indigenously developed aeronautical products in the US and the world over. The pact provides for airworthiness technical cooperation between the US Federal Aviation Authority and the DGCA.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.