Finance Minister Nirmala Sitharaman interacts with Boeing India delegation

New Delhi: Union Finance Minister Smt. Nirmala Sitharaman had an interaction with a delegation from Boeing comprising of their global senior leadership team, led by Mr. Salil Gupte, President, Boeing India, in New Delhi on May 23. Finance Minister welcomed the delegation and sought their views & suggestions.

Talking about India’s journey towards becoming the 3rd largest economy in the world, FM apprised the group of the visionary leadership of Prime Minister Shri Narendra Modi and the vision for next 25 years Amrit Kaal, while leading India to mark 100 years of independence.

Referring to Amrit Kaal, the Finance Minister informed the group that the key focus of the Government is to benefit the citizens of India through the four "I"s of:

Investments
Infrastructure 
Innovation 
Inclusivity 

In reference to the recent bulk order for aircrafts placed by Indian companies, FM stated that India’s aerospace and civil market is on a High Growth trajectory & also informed the group about aircraft leasing operations being undertaken by banks in GIFT-IFSC.

In the context of India's geographical advantage, Smt. Sitharaman underlined India’s focus on repositioning itself as an MRO hub that can potentially serve the region from Europe to Africa to Far East.

FM highlighted the opportunities available in India for relocating of companies in the form of not just a #CaptiveMarket but also the chance to be a hub for serving the region as a whole and this can be rewarding for companies from a business point of view.