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India urges global planemakers to ‘Make in India’

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Indian Minister of Commerce and Industry Suresh Prabhu gestures during a speech at the India-Jordan Joint Business Meeting in New Delhi on February 28, 2018. The forum organized by the Federation of Indian Chambers of Commerce and Industry (FICCI) welcomed a business delegation from Jordan to the Indian capital accompanied by the Jordanian king. / AFP

MUMBAI — India wants to encourage aircraft makers to manufacture in the country, starting with components and moving eventually to complete aircraft, Aviation Minister Suresh Prabhu said on Sunday.

In a series of messages on Twitter, Prabhu appealed to Airbus and Boeing Co to participate in the push as part of the government’s flagship “Make In India” campaign, highlighting the growth potential of the booming market, which has been adding passengers and cutting fares.

India’s booming aviation market and economy needs more than 1,000 passenger planes and “many more” cargo planes, Prabhu, who last week visited an Airbus facility in Toulouse in France, wrote in the Twitter post.

Airbus said last year it expected Indian carriers to order 1,750 aircraft over 20 years. Boeing predicted up to 2,100 planes would be sold in the same period. — Reuters