An unprecedented competition announced by the Indian government to energize local private industry in aerospace manufacturing stands on a razor’s edge, with the country’s defense ministry contemplating opening participation to India’s monopolistic state-owned defense companies as well. A $2.5 billion competition to replace the Indian air force’s (IAF) fleet of 56 vintage Hawker Siddley HS748 Avro medium transports was floated last year, specifically excluding ...

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