Saturday, November 16, 2013

Defence ministry still keen on private sector entry in transport aircraft project

New Delhi: The defence ministry is for now standing firm on its decision to promote private sector entry into the domestic aerospace arena through the proposed Rs 13,000 crore project to supply 56 transport aircraft to the IAF.
The MoD, however, is also "examining the questions" raised by heavy industries & public enterprises minister Praful Patel and some government agencies last month about the decision to virtually keep state-run units out of the project.
"It will take some time for the thinking to crystallize. The project was launched with the good intention to kick-start the private sector's entry into manufacturing at least transport aircraft, which involves relatively low technology as compared to fighters and helicopters," said an official.
14/11/13 Rajat Pandit/Times of India
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