Top aviation & defence firms from around the world are expected to take part, either physically or virtually. India will showcase its indigenous capabilities.
Commercial Aircraft Corp of China, or Comac, comparable to the Airbus A320 and Boeing 737, had its first flight in 2017 but is yet to carry any commercial passengers.
Union Minister Hardeep Singh Puri said this move will offer relief to airports, airlines, ground handlers & help them improve their cash flow position.
In the post-coronavirus world, when social distancing will be the norm, India’s aviation system is going to boom thanks to low international crude oil prices.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
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