New Delhi, Dec. 5 -- Vice President M. Venkaiah Naidu on Tuesday said India has the potential to become a global aviation hub for Maintenance Repair and Overhaul (MRO) following a growing aviation business, huge pool of engineering talent and low labour costs.

Naidu inaugurated the first international flight from Vijayawada to Singapore and laid the foundation stone for the integrated passenger terminal building at Vijayawada Airport.

"The Indian civil aviation industry is growing at a rapid pace and is considered the third largest domestic civil aviation market in the world. According to projections, it is poised to become the world's largest domestic civil aviation market in the next 10-15 years. Investments to the tune of Rs 1 lakh cro...