India’s business aircraft operators recently formed a new organization, the Business Aircraft Operators’ Association (BAOA), to position the industry for what they believe will be exponential growth over the next decade. “The business aviation industry is growing at an encouraging rate, and India is all set to be the third largest aviation market by 2020,” says Rohit Kapur, president of the new association and managing director of Arrow Aircraft, which sells Gulfstream aircraft in India.

NEW DELHI – The Indian army will soon receive 204 armored repair and recovery vehicles for revamping of its damaged T-72s — the Russian-made battle tanks used by the country’s armed forces, a defense ministry official says. The armored recovery vehicles (ARVs) will be built by the Bengaluru-based defense supplier Bharat Earth Movers under full technology transfer from Poland’s Bumar. A proposal was recently cleared by the federal Cabinet Committee on Security headed by Prime Minister Manmohan Singh, the official says.

India’s government will review the financial situation of the state-run Air India Oct. 28 and decide on the future of several aircraft purchase orders. A panel of federal ministers, led by Finance Minister Pranab Mukherjee, was scheduled to meet yesterday, according to an official at the civil aviation ministry.