Indiais all set to build its first indigenous civilian aircraft. Hindustan Aeronautics, the country's sole manufacturer of military aircraft, will collaborate with the state-owned plane designer, National Aerospace Laboratories, to design and develop a turboprop aircraft capable of carrying up to 70 people.
The total cost of the project is expected to be Rs.7, 500 crore approximately. At a later stage, public and private-sector companies, such as Tata Technologies, Samtel Avionics
and Taneja Aerospace, may come on board as equity partners in the project. It is expected that the venture will take off soon after the formation of the new government in Delhi.
India’s first locally made plane was the Saras, a 14-seater aircraft that took over two decades to develop. It is yet to win local certification.