Private industry in India is being handed an opportunity to do something it has only dreamed of—building large-scale military hardware for a market dominated by a handful of state-owned corporations. The most significant effort yet to establish a private foothold will come as the Indian air force (IAF) calls on the private sector to build a replacement for its vintage Avro HS-748 military transports. The move marks the first time in India's contracting history that a contract for a new ...

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