The combination of China’s rapid reemergence as a global power and a US led by an unstable president are increasing geopolitical risks, but India is too immersed in fighting internecine battles.
China just edged a step closer to one-man rule after Xi Jinping did not include a clear successor while unveiling the new line-up to the Communist Party’s Politburo Standing Committee.
For an industry globally classified as hazardous, protections such as health insurance and a provident fund for workers are necessities. In Sivakasi, they remain elusive.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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