On Monday, the US India business Council (USIBC,) launched its India Task Force on civil aviation which will focus on finding opportunities for implementation which will be based on the National Civil Aviation Policy (NCAP.)
The panel will be chaired by Pratt and Whitney’s (American aerospace manufacturer) Managing Director India, Palash Roy Chowdhury and co chaired by global consultancy KPMG’s partner and India head of aerospace and defense, Amber Dubey.
“India has witnessed annual growth exceeding 20% in domestic traffic with total passenger traffic estimated to reach 270 million by end of this year. The Task Force will engage with various stakeholders to promote international best practices and address the potential hurdles that surface as American and Indian companies deepen engagement in India’s burgeoning civil aviation market,” USIBC explained in a statement.
USIBC president Mukesh Aghi said: “We are launching this task force to aid implementation of India’s civil aviation policy. Our member companies are committed to the success of the government’s flagship programs such as the Regional Connectivity Scheme and Make In India, and bringing the best in technology in related areas such as airport infrastructure and security, MROs and skill development.”
Palash Roy Chowdhury said, “I am honored to be entrusted with the responsibility of leading this initiative at a time when the Indian aviation industry is poised to scale new heights. With the Task Force, we intend to support the growth of US corporations in India by aligning with the priority areas of the Indian government and further nurture the spirit of entrepreneurship and job creation to successfully contribute to the global economy in the coming years.”
Amber Dubey said, “India is at the cusp of rapid strides in the aviation and aerospace sector. Thanks to low oil prices, growing demand, and industry friendly government policies. I’m honored to be elected and would try my best to make the task force achieve its objectives.”
The India task force targets to promote bilateral dialogue by being the voice of the industry, partnering with the government to organize trade missions and advocating for regulatory changes.
The US India Business Council (USIBC) was formed in the year 1975 as a business advocacy organisation to encourage the private sectors of both India and United States to enhance investment flows.