Friday, December 07, 2012

India to develop RTA with private partners

Bangalore: The design and development of India’s first Regional Transport Aircraft (RTA) will be carried out by a joint venture between a state-owned aerospace company and a consortium of industries.
Council of Scientific and Industrial Research (CSIR) director, general Samir K Brahmachari told DNA that the RTA, whose development has been actively pursued by the government to enhance air connectivity between tier-II and tier-III cities with the major metros, will be a joint venture between defence PSU Hindustan Aeronautics Limited (HAL) and a consortium of industries.
“HAL chairman RK Tyagi has expressed his interest to be a part of the project and we are looking at a joint venture with a consortium of industries to begin with,” said Brahmachari.
07/12/12 Hemanth CS/Daily News & Analysis
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