Indian Government seeking private partners in aircraft development
Indian Government announced it is seeking private partners to develop a 90 to 100-seat aircraft (Press Trust of India, 11-May-2010). Earlier this week the Government announced the establishment of a 15-member committee on National Civil Aircraft Development, with former Chairman of the Indian Space Research Organisation (ISRO), G Madhavan Nair, appointed as Chairman. A feasibility study is to be carried out, including market demand for the aircraft over the next 10 to 20 years. The project is expected to cost USD1.1 billion and be completed in five years. The Council of Scientific and Industrial Research (CSIR)-NAL will assist. A design group for the aircraft will include representatives from CSIR-NAL, Hindustan Aeronautics Limited, Aeronautic Development Authority, Defence Research and Development Organisation and ISRO. The committee is expected to meet again on 27-Mar-2010.
Ministry of Science and Technology: “We are looking for private partners for the ambitious billion-dollar project to develop a medium-range civilian transport aircraft. The Nair-led committee has been asked to submit its report within a year and a decision would follow soon after,” Prithviraj Chavan, Minister for Science and Technology. Source: Press Trust of India, 11-May-2010.