Finance Minister Nirmala Sitharaman on Tuesday said India's aerospace and civil market is on a high growth trajectory and invited US-based aircraft maker Boeing to ramp up investment in the country.
During an interaction with a delegation from Boeing comprising of their global senior leadership team, Sitharaman highlighted the opportunities available in India for relocating companies in the form of not just a captive market but also the chance to be a hub for serving the region as a whole and this can be rewarding for companies from a business point of view.
"In reference to the recent bulk order for aircraft placed by Indian companies, FM stated that India's aerospace and civil market is on a #HighGrowth trajectory & also informed the group about aircraft leasing operations being undertaken by banks in GIFT-IFSC @GIFTCity," a finance ministry said in a series of tweets.
In the context of India's geographical advantage, the minister underlined India's focus on repositioning itself
