Rajesh Singh also spoke about jet engine development to power next gen fighters, saying govt is finalising programme with leading international firm to co-develop 120KN jet engine.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
PTC Industries is investing Rs 1,000 cr in 4 manufacturing plants in UP, has already started supplying titanium parts to BAE Systems for its M-777 howitzers that India also uses.
France and India have been in talks for a collaboration on AMCA engines since last year. Safran is in competition with the UK’s Rolls Royce and the American GE.
HAL is working on a twin-engine, multi-role, multi-mission chopper of about 13-tonne weightage, termed the Indian Multi-Role Helicopter (IMRH), with more endurance than Mi-17s.
While the commission didn’t mention provisions under which IndiGo's market domination would be examined, Competition Act 2002 prohibits abuse of dominant position by any enterprise.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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