The Bharatiya Vayuyan Adhiniyam, 2024 is a transformative legislation set to replace the 90-year-old Aircraft Act of 1934. Effective from January 1, 2025, this Act aims to modernize and streamline India's aviation industry.
Key objectives include:
Facilitating Aircraft Design and Manufacturing: Encouraging indigenous production and innovation in the aviation sector.
Ease of Doing Business: Simplifying regulations to attract investments and boost operational efficiency in aviation.
Regulatory Updates: Overhauling outdated provisions and eliminating redundancies in the existing legal framework.
The Act also governs critical aspects like the design, maintenance, possession, operation, import, and export of aircraft, ensuring robust control and compliance. With this new legislation, India is positioned to strengthen its status as one of the fastest-growing civil aviation markets globally.
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