Local Manufacture with 51% Ownership Seen as Solution to Growing Pains in Indian Market
Indian stakeholders are looking into the construction of regional jets in their own backyard, courting aircraft manufacturers around the world with a 49% ownership scheme and technology transfer. While plans stand at a nearly embryonic level, rumor has it that the aircraft would be produced in Prime Minister Narendra Modi's home region of Gujarat. The goal would be to provide fleets of smaller, more affordable aircraft to operate throughout the country's legions of small airports - an essential prospect in order to improve national connectivity in far-flung, rural areas.