India, seeking to build its first regional aircraft, is considering roping in local and foreign partners for the project, after spending more than two decades to build a smaller plane.
A study under review by a government panel favors tie-ups with equipment makers rather than purchasing engines and parts from them, Satish Chandra, head of aircraft program at National Aerospace Laboratories, a state-owned plane designer involved in the development, said in a telephone interview from Bangalore. He didn’t give a timeframe for the project.
Prime Minister Manmohan Singh last month approved the plan for a 70- to 100-seat aircraft as economic growth and rising disposable incomes spur air travel demand. Boeing Co. expects India will require 1,450 planes in 20 years. The project will also help the nation catch up with China, Japan and Russia in building a regional aircraft and reduce dependence on Bombardier Inc. and Embraer SA, the two companies that dominate the market for such planes.
26/08/13 Karthikeyan Sundaram/Bloomberg/Business Week
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A study under review by a government panel favors tie-ups with equipment makers rather than purchasing engines and parts from them, Satish Chandra, head of aircraft program at National Aerospace Laboratories, a state-owned plane designer involved in the development, said in a telephone interview from Bangalore. He didn’t give a timeframe for the project.
Prime Minister Manmohan Singh last month approved the plan for a 70- to 100-seat aircraft as economic growth and rising disposable incomes spur air travel demand. Boeing Co. expects India will require 1,450 planes in 20 years. The project will also help the nation catch up with China, Japan and Russia in building a regional aircraft and reduce dependence on Bombardier Inc. and Embraer SA, the two companies that dominate the market for such planes.
26/08/13 Karthikeyan Sundaram/Bloomberg/Business Week
