Private sector set to enter Indian aerospace market

The Modi government is all set to kick-start private sector entry into domestic aerospace arena by giving the green signal to the Rs 13,000 crore project to supply 56 transport aircraft to IAF. The project was put on hold by the previous UPA regime last year after the then heavy industries & public enterprises minister Praful Patel and some others strongly opposed the move to virtually keep state-run units or PSUs like Hindustan Aeronuatics (HAL) out of the mega programme.

See the full article at The Times Of India