SOURCE: RAUNAK KUNDE / NEWS BEAT / IDRW.ORG
International Aerospace and Defence companies that have registered Subsidiaries in India have approached the Ministry of Defence (MoD) and state-owned Hindustan Aeronautics Limited to express their interest in becoming part of supply chain for India’s proposed next-generation AMCA fighter jet program that is to be executed under a public-private joint venture between the DRDO, Hindustan Aeronautics Limited (HAL) and Private players in India.
idrw.org has been told that there is now a question as to what it means to be an Indian company, does a subsidiary of a foreign Aerospace company can be classified as an Indian company or it still will be considered a foreign entity and will be kept out Indigenous defense programs in the country.
India has ambitious plans to have over 90% indigenous content in the AMCA MkII program when it is ready for induction. idrw.org has been told that if foreign Subsidiaries in India can compete with local Private sector companies it will help accomplish such ambitious goals since the IPR of the components and subsystems outsourced will remain with India.
India plans to establish a Majority Private sector owned Company with a minority stake by Defence PSUs that will be in charge of the AMCA program not only for production but to also provide maintenance, repair, and overhaul support in maintaining the operational readiness needs of the fighter-type when inducted. Private sector-owned Companies that will be a part of the AMCA program will also share IP Rights and can explore the sale of the jet in the Export market for the aircraft.
idrw.org has been told that MoD has not taken a call on it yet.
NOTE : Article cannot be reproduced without written permission of idrw.org in any form even for YouTube Videos to avoid Copy right strikes