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NATIONAL ASSETS (1) answer(s).
 
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ID:   130077


Let private aerospace manufacturing flourish / Noronha, Joseph   Journal Article
Noronha, Joseph Journal Article
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Publication 2014.
Summary/Abstract Clearly the aerospace needs at India, civilian as well as defence, are growing. The public sector which has so tar been tasked to meet these needs has tailed to deliver. What's more, as aerospace production becomes more complex, the public sector is likely to tail even further behind in the race. Vested interests have long fostered the myth that private sector companies are less likely to uphold the national interest than the PSUS. The private aerospace industry has been kept in a stranglehold and not allowed to realise its potential. Isn't it strange that reputed firms like Tata, Birla and M&M have been given the cold shoulder because HAL is supposedly more trustworthy when it comes to cletence matters? Yet Boeing is a reliable partner in America's detence, Airbus in Europe's and Embraer in Brazil's. The government must realise that both public and private sectors are national assets; both are necessary to achieve self-reliance in the shortest possible time.
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