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
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.