6-Year-Old Aircraft Plan For Private Sector In Doldrums


Much before the government finalised the new “strategic partnership” policy six months ago to boost the Indian private sector’s role in defence production, the country’s first major military aircraft manufacturing project for domestic firms with foreign collaboration was initiated over six years ago.

But the Rs 11,929 crore project for manufacturing 56 medium transport aircraft by the Tata-Airbus consortium to replace the IAF’s aging Avro fleet is still nowhere close to being inked, defence ministry sources said on Monday.

This despite the fact the Defence Acquisitions Council (DAC) in May 2015, headed by the then defence minister Manohar Parrikar, had approved the Tata-Airbus project in what was seen to be a bold move after the previous UPA regime had developed cold feet under strong pressure from the PSU lobby. Read More…

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