"Giant Leap Towards...": PM While Laying Foundation Stone Of Aircraft Unit

The C-295 transport aircraft for the Indian Air Force will be manufactured by Tata-Airbus, the Defence Ministry has said.

Prime Minister Narendra Modi while laying the foundation stone for an aircraft manufacturing facility in Gujarat's Vadodara said it was India's giant leap towards becoming self-reliant in aviation sector.

This is the first time that such a huge investment is taking place in India's defence aerospace sector, the PM said, adding that his government has carried out several economic reforms over the years. These reforms have hugely benefitted the manufacturing sector and given it a boost, he added.

"The world's fastest growing aviation sector is in India today. We are about to be in the top three countries globally in terms of air traffic," he said.

Despite disruptions in the supply chain, in spite of the circumstances created by Covid and a war, India continues to be the growth momentum in the manufacturing sector, the Prime Minister said.