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.
This actually looks like a farce where ” The MoD will now accept suo motu proposals from the industry, while allowing startups to develop military equipment. The minimum qualifications to participate in defence projects have also been relaxed by removing conditions related to credit rating and reducing the financial net worth required,”
Maybe Modi is for merit and innovation but these corrupt bureaucrats in MoD cant ever digest these facts and can even ruin in the Minister of Defense who posses no basic know how on technology , design and innovation in these fields.
This actually looks like a farce where ” The MoD will now accept suo motu proposals from the industry, while allowing startups to develop military equipment. The minimum qualifications to participate in defence projects have also been relaxed by removing conditions related to credit rating and reducing the financial net worth required,”
Maybe Modi is for merit and innovation but these corrupt bureaucrats in MoD cant ever digest these facts and can even ruin in the Minister of Defense who posses no basic know how on technology , design and innovation in these fields.