Gandhinagar, May 22 (IANS) Union Finance Minister Nirmala Sitharaman on Friday said India offers a unique blend of scale, technology, talent and growth opportunities through GIFT City, as she chaired a high-level review meeting on the progress of the country’s flagship international financial hub.During the meeting, presentations were made on the progress achieved by GIFT City across sectors including banking, capital markets, fund management, insurance and reinsurance, aircraft and ship leasi…
Latest Aircraft Leasing News & Updates
Gandhinagar, May 8 (IANS) Union Minister of Civil Aviation Ram Mohan Naidu Kinjarapu said on Friday that India’s commercial airlines currently have outstanding deliveries of 1,640 aircraft, which translates into a $50 billion opportunity for the country’s leasing ecosystem over the coming decade. Addressing the India Aircraft Leasing and Financing Summit 2.0 at GIFT City here, the minister said India’s commercial aircraft fleet is expected to reach 1,100 aircraft by 2027 and expand to o…
Gandhinagar, May 8 (IANS) Union Civil Aviation Minister Kinjarapu Ram Mohan Naidu said on Friday that seaplane operations will soon begin in Lakshadweep as part of India’s broader strategy to enhance regional air connectivity and diversify aviation infrastructure. Addressing the gathering at ‘India Aircraft Leasing and Financing Summit 2.0’ in GIFT City, the Union Minister added: “India’s aviation expansion is no longer limited to traditional aircraft operations but is extending to helicopters, …
Gandhinagar, May 8 (IANS) More than 370 aviation assets worth nearly $5.8 billion have been leased through the International Financial Services Centre (IFSC) at GIFT City, Gujarat Chief Minister Bhupendra Patel, said on Friday while addressing the India Aircraft Leasing and Financing Summit 2.0.Speaking at the summit in GIFT City, Patel said the aviation leasing sector in India was expanding rapidly and that the IFSC had emerged as a major platform for aircraft leasing and financing activity in …
Hyderabad/Gandhinagar, Feb 3 (IANS) Gujarat has been awarded the “Best State for Promotion of Aviation Ecosystem” at Wings India 2026, the biennial civil aviation conference and exhibition held at Begumpet Airport from January 28 to 31. The award was presented by Union Civil Aviation Minister K. Ram Mohan Naidu during the event.Confirming the development, Gujarat Civil Aviation Commissioner K. L. Bachani said the recognition reflects the state’s performance in strengthening aviation-rela…