29 Oct 2012

Aviation sector eyes Indian opportunities

7:01 am on 29 October 2012

The Aviation Industry Association says a new trade agreement with India will bring a wave of growth for New Zealand aviation firms.

Economic Development Minister Steven Joyce led a delegation to sign an agreement with Indian authorities to improve links and trade in the aviation sector.

India is predicted to jump from the ninth largest civil aviation market in the world to the third by 2020.

But Aviation Industry Association chair Irene King says local businesses have a number of problems operating in India.

She says a lot of the issues relate to the application of regulations and the differences that exist between the systems in India and New Zealand.

Ms King says the agreement starts to iron out some of those differences and regulatory barriers.