Transportation and Logistics

Change in Policy Gives Fillip to MRO Industry

Maintenance, Repair and Overhaul (MRO) industry will now be considered as part of the sub-sector of airport in the transport sector infrastructure for the purpose of External Commercial Borrowings (ECBs) in accordance with a policy change announced by RBI Circular No. 85 dated January 6, 2014. Consequently, the MRO industry which is a nascent vertical… Read More

Tags: Aircraft maintenanceAviationBusinessIndiaMaintenance repair and operationsMROTransportation and LogisticsUnited State

CLR Snippets | Central Transport Policy

The Union Ministry of Urban Development had announced National Urban Transport Policy (NUTP) in April, 2006 with the objective of ensuring easily accessible, safe, affordable, quick, comfortable, reliable and sustainable mobility for all. The Government has been encouraging use of public transport by providing affordable and efficient public transport to reduce air pollution. The measures… Read More

Tags: BusinessCentral GovernmentGovernmentMetro RailPublic transportStateTransportation and LogisticsUrban Transport

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