Former Civil Aviation Minister Praful Patel, under whose watch the Civil Aviation Ministry had framed the 5/20 rule, has strongly defended the regulation that insists that Indian airline companies must operate within the country for five years and have a fleet of at least 20 aircraft before they fly on the more lucrative international routes.
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India´s potential as a manufacturing and MRO hub
Leaving its turbulent past behind, India´s civil aviation industry is standing at the threshold of transformation today. Airline operators that were bleeding for the last few consecutive quarters, turned profitable this year
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New duties
Ramesh Chandak has been elected as President, Indian Electrical & Electronics Manufacturers' Association (IEEMA) for the year 2011-12. Chandak takes over from Vimal Mahendru, the outgoing president.