India-Russia sign deal on radio equipment

In News:

Moscow's Scientific and Production Corporation "Radio technical Systems" (RTS) signed a huge-scale contract in partnership with Airports Authority of India (AAI) to supply radio equipment.

Today's news article:

News Summary:

The Russian company RTS will produce 34 instruments landing systems (ILS)-734 to modernize the 24 airports of India .
- RTS is the largest manufacturer of radio equipment around the globe.
The contract is signed amid the ongoing war that is raging in Ukraine along with pressures from and the West for India in order to broaden its reliance on defence.
A successful completion of the contract could open new possibilities for the development of joint initiatives to improve the Indian the airport's infrastructure.

About Instrument Landing System (ILS):

Instrument Landing System is a standard International Civil Aviation Organisation (ICAO) precision landing aid utilized to provide precise azimuth and descend guidance signals to guide aircraft to land on the runway during severe or normal weather conditions.
Instrument landing system is a precise and reliable method of navigating to the runway when operating under IFR (Instrumental Flight Rules) (IFR) circumstances.
The ILS gives horizontal and vertical guidance required for a precise approach.
If all the elements that comprise the ILS system are in place and in compliance with the approved procedure for approach the pilot can conduct a precise approach.

About Indian Aviation Industry:

The industry of aviation for civil purposes in India has become one of the fastest-growing sectors in the country in the past three years.
The number of passengers in India was 131.62 million during FY22 (from April until the end of December in 2021).
To meet the growing air traffic to meet the increasing demand for air travel, to meet the increasing demand for air travel, Government of India has been trying to expand the number of airports.
In 2020, India had 153 operational airports. India is planning to increase the number of airports that are operational to 190-200 by FY40.
Additionally, the increasing demand in the industry has increased the number of airplanes in operation within the industry. The number of aircrafts is predicted to increase to 1,100 in 2027.
India has grown to become the third largest national air travel market, and is predicted to surpass UK in order to be the world's third biggest airline passenger market by 2024.

Investments:

The government has permitted 100% FDI through the automatic route for scheduled air transport services regional air transport service and domestic scheduled passenger airlines.
Based on the information provided in the report of the Department for Promotion of Industry and Internal Trade (DPIIT) the FDI flow in India's aviation sector (including airline freight) increased to US$3.06 billion. 3.06 billion between April 2000 to June 2021.
The aviation industry in India is expected to receive the equivalent of Rs. 35,500 million (US4.99 billion dollars) in 4.99 billion) in investment over the next four years.
The Indian Government plans to spend USdollars 1.83 billion for the development of airport infrastructure, as well as aviation navigation services by 2026.

Recent Government Initiatives:

The Ministry of Civil Aviation (MoCA) has announced that airlines will be able to fly domestically without limitation on capacity, starting in October 20, 2021.
Krishi UDAN 2.0 Scheme :
- Ministry of Civil Aviation launched the Krishi UDAN 2.0 scheme in October 2021.
- The program proposes aid and incentives to move Agri-products by air transport.
- It is expected that the Krishi UDAN 2.0 will be implemented in 53 airports across America and will primarily focus specifically on Northeast and tribal areas, and is expected to help farmers as well as freight forwarders and airlines.
In the Union Budget 2021-22, the government has reduced the custom duty from 2.5 percent to 0% on parts or other parts, which includes engines, used for the manufacture for aircrafts in public sector divisions within the Ministry of Defence.

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