Page 33 - NIS English, 16-30 November,2022

Vadodara Aircraft Manufacturing Plant Nation

AGREEMENT WITH AIRBUS WAS SIGNED IN 2021
In September 2021, India signed a contract with Airbus Defence
and Space worth approximately Rs 21,000 crore (ADSpace). There
was an agreement to purchase C-295 aircraft instead of the old
Avro-748. There were 56 aircraft requisitioned. Of these, 16 will
come from Spain and the remaining 40 will be made in Vadodara,
Gujarat. These aircraft will be completely indigenous. Between
September 2023 and August 2025, 16 aircraft will be delivered.
The indigenously made aircraft will be supplied from 2026 to
2031. According to the Ministry of Defence , through this project,
the Air Force will get 56 aircraft by 2031.

INDIGENOUS BUSINESSES WILL BENEFIT
25 companies from seven states will supply 13 thousand
400 parts and 4600 sub-assembly components for this.
In addition, each of the 56 aircraft will be outfitted with an
indigenous Electronic Warfare Suite developed by Bharat
Electronics Limited and Bharat Dynamics Limited. In this
context, this project will prove to be a once-in-a-lifetime
PM AT ROZGAR MELA opportunity for India's private sector.

"IF INDUSTRIES COME FROM WITHIN
AND OUTSIDE THE COUNTRY, NEW saga of economic reform is being written in India today
EMPLOYMENT OPPORTUNITIES AND by simplifying corporate taxation, making it more globally
competitive, allowing for 100% foreign investment in many
SELF-EMPLOYMENT WILL EMERGE" sectors, opening up sectors such as defence, mining, and
space for private companies, reforming 29 labour laws into
The Prime Minister inaugurated the
Gujarat Rojgar Mela on October 29 via 4 codes, abolishing 33,000 compliances, and creating the
video conferencing, carrying forward the Goods and Services Tax by putting an end to a complex
'Rozgar Mela' at the national level from web of dozens of taxes.
Delhi on Dhanteras. Expressing happiness Referring to the changes in the manufacturing sector
over the appointment letters to more than in India, Prime Minister Modi stated, "The fruits of our
5000 people in the Panchayat Service government's investment-friendly policies are reflected
Selection Board of Gujarat. and more than in FDI as well." Companies from over 160 countries have
8000 candidates for the recruitment of Lok invested in India over the last eight years. It is also not the
Rakshak, he said, " In the coming days, even case that foreign investment has been limited to specific
the other states will organize ‘Rozgar Mela' sectors. Its reach extends across more than 60 sectors of
like Gujarat following the footsteps of the the economy, with investment reaching 31 states. Over $3
central government. I have been informed billion has been invested in the aerospace industry alone.
that almost all the States are coming
forward. Even the Union Territories are From 2000 to 2014, investment in this sector increased
joining this initiative. fivefold. That is, five times more investment has been made
The central government has set a target of in the last eight years than in the previous fourteen years.
10 lakh people per year. However, given the The defence and aerospace sectors will be major pillars of
rate at which states are joining, I believe the the self-reliant India campaign in the coming years. By 2025,
figure will soon exceed lakhs. This means we intend to expand our defence manufacturing beyond $25
that the central and state governments are billion. Our exports of defence products will also exceed $5
involving such a generation of youngsters in billion. Defence corridors being developed in Uttar Pradesh
governance today, due to which the centre's and Tamil Nadu will also aid in the expansion of this sector.
goal of achieving 100% implementation
– saturation, is getting fulfilled. It is also INDIA WILL BE AMONG THE SELECT COUNTRIES.
helping in the last mile delivery. These With the completion of this plant, India will join a select
young sons and daughters who are joining
the workforce with great enthusiasm will group of countries that manufacture aircraft. The United
help in expediting the work. States, the United Kingdom, Russia, France, Italy, Spain,
Ukraine, Brazil, China, and Japan are currently on the list.

New India Samachar November 16-30, 2022 31