News:

• According to Defence Minister Rajnath Singh, the aero components sector in the country is set to double from Rs. 30,000 crore today to Rs. 60,000 crore by 2024.
• 128 Memorandums of Understanding (MoU), 19 Transfer of Technology (ToT), four handing overs, 18 product launches and 32 major announcements, totalling a grand figure of 201 feats have been finalized.
• Further, of the 45 Micro, Small and Medium Enterprises (MSME) participating in Aero India, 21 have bagged orders worth Rs. 203 crore.
• 138 proposals worth over $37 billion for domestic manufacturing had been approved.

https://www.thehindu.com/todays-paper/tp-national/aero-components-sector-to-double-to-rs-60000-cr-by-2024/article33764469.ece

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