Sun, Oct 19, 2025 | Updated 11:17 IST
Dec 17, 2022
Gandhinagar (Gujarat) [India], December 17 (ANI/PNN): ModAir Aviation is proud to announce the induction of the second aircraft under its wings after Tecnam P2006T. This inducted airplane is Diamond DA40, a flight training four-seater aircraft that touchdown at Ahmedabad. The import of this aircraft is facilitated under the guidelines of IFSC - GIFT City. This aircraft would be leased to an upcoming FTO preparing to commence operations in the Madhya Pradesh state of India. Towards the end of December 2022, the Company would be inducting the third aircraft under their kitty, ready for another lease in the Indian Aviation Industry.
India's foreign exchange reserves during the week that ended on December 9 rose by USD 2.91 billion to USD 564.07 billion. Notably, this is the fifth consecutive week of India's rising foreign exchange reserves.
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