What Happened
New Delhi Pursues Joint Venture For Domestic Commercial Airliner Production
India is making a renewed attempt to establish commercial aircraft manufacturing, with Civil Aviation Minister K. Rammohan Naidu stating that the country expects to have a locally made civilian aircraft within two years through a joint venture. The initiative is part of India’s efforts to reduce its reliance on imported airliners, with several aircraft manufacturers discussing production in the country. According to Naidu, India’s airlines have over 1,600 aircraft on order, worth an estimated $100 billion. This development was first reported by an unknown source.