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'Made-In-India' Civil Aircraft to become realty by 2020 Featured

  • Wednesday, Jun 11 2014

 

Bangalore, June 9, 2014: A strategic meet on Regional Civil Aircraft with an aim to kick-start the process of building first “made-in-India” civil aircraft was held here today. Speaking on the occasion, Mr. Ajay Shankar, Member Secretary, National Manufacturing Competitiveness Council (NMCC) said given the skills-set and the cost advantage the country has the dream project should turn into realty by 2020-22.   He called upon over 100 potential business partners who were present on the occasion to actively participate in the brain-storming session and discuss challenges and risks involved. “We can surprise ourselves and the world by rolling-out a medium-range civil aircraft”, he added.

 

Dr. R.K. Tyagi, Chairman, HAL, in his address, pointed out that India must have such an aircraft considering the fact that it is world’s ninth largest market and will be third by 2020.  “It is therefore important to have our own aircraft. HAL and NAL have taken the lead to build this aircraft on PPP model where you all will be contributing”, he said. “A Special Purpose Vehicle (SPV) is being formed by HAL and NAL to steer this project. The purpose of this strategic partners meet is ensure inclusive involvement of all the potential business entities right from the beginning”, he added.

 

A team of experts drawn from Government agencies, private industries and research organizations participated s at the panel discussion and deliberated on the challenges on various fronts including technology, time scales, conceptual design issues, manufacturing skills needed and commercial viability.

 

Several senior executives from leading Indian and overseas companies such as GE Aviation, Pratt & Whitney, Eaton, Mahendra, Titan and others shared their views and evinced confidence in the success of this program.

 

 

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