Representatives from CII, ASSOCHAM and FICCI have recommended the Tata Group to lead the development of a replacement for the Indian Air Force (IAF) Avro HS 748 Medium Transport Aircraft.
Tag: Defense Public Sector Units
Gaping holes in MMRCA elimination decision
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•The process leading up to the decision by the Indian Ministry of Defense to issue invitations to eliminate four of the six companies in the contest to win the Indian Air Force tender for 126 Medium Multi Role Combat Aircraft (MMRCA) has large holes in its standard of diligence.
Max. 49% FDI in defense: FICCI
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•The Indian industry association, FICCI has argued for limiting FDI in the Indian defense sector to, at most, 49 per cent, following CII, which had submitted similar views last May.