Bengaluru: Prime Minister Narendra Modi said on Friday that India has been aiming to reduce its offshore dependence on aircraft leasing and financing in the coming years. He said this while addressing a gathering after inaugurating the Boeing India Engineering and Technology Centre (BIETC) in Bhattara Marenahalli near Devanahalli on the outskirts of Bengaluru. PM Modi said that to enable more rapid growth in aviation, India has been taking many steps at the policy level constantly. “We are encouraging states to bring down taxes on aviation fuels, making the process of aircraft leasing easier. Our aim is to reduce India’s offshore dependence in aircraft leasing and financing,” he stated. For
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