'India aims for first indigenous civilian aircraft within two years', says K Rammohan Naidu
- Civil Aviation Minister K. Rammohan Naidu announced plans to manufacture India's first domestic civilian aircraft via a joint venture.
- The initiative is backed by Indian airlines placing orders for over 1,600 aircraft worth around $100 billion.
- To strengthen the supply chain, the government is also exploring localised jet engine production.
- Meanwhile, rising jet fuel prices triggered by the West Asia conflict are increasing immediate operating costs for domestic airlines.
Source: economictimes.indiatimes.com
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