Regional Transport Aircraft Development Needs
7, 000 Crore
BANGALORE: Hindustan Aeronautics Limited (HAL) chief managing director (CMD) T. Suvarna Raju said an amount of
7, 000 crore would be required to develop and successfully prove a regional transport aircraft.
"In the next five years, there would be a requirement of 200 regional transport aircraft; one way is to make them under license or development. If you go for joint development, you are always dependent on your big brother whoever is helping you," said Raju during a press conference held to mark the platinum jubilee of HAL.
Joint development requires HAL or others to depend on its foreign partner like Boeing, Airbus, Embraer or others to procure parts and other necessary equipment whenever needed.
And to avoid such a situation, brand India aircraft should be developed which HAL is deliberating.
"We are deliberating whether to create brand India aircraft, that would be our choice because by 2035 India would be number one or two in aviation market," said Raju.
"And with the kind of approach the government is showing and changing the policy, we may prefer the option of creating a brand India aeroplane," said Raju.
Raju said HAL has delivered the first series production Light Combat Aircraft (LCA) Teja to Indian Air Force (IAF) in 2015.
