Business Standard
Monday, May 28, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

Feasibility report on transport aircraft by February
BS Reporter / Chennai/ Bangalore Jan 05, 2011, 00:51 IST

Come February, we may be able to get a rough idea of what India’s ambitious regional transport aircraft, or the RTA, might look like at the Aero India 2011.

The feasibility report of the regional transport aircraft (RTA) that India is developing will be ready by April-end this year and would detail the configuration, design, market potential and basic structure of the JV.

Meanwhile, the high-powered committee for the national civil aircraft development is set to hire SBI Capital and IDBI to develop a joint venture business model for the first indigenous regional aircraft.

A R Upadhyay, director of the National Aerospace Laboratories (NAL), also said that an expression of interest (EoI) would be floated shortly inviting proposals for becoming principal partner in the proposed public-private joint venture programme. He said here that there was a possibility of more than one partner being part of the programme.

Meanwhile, the high-powered committee is also in talks with four engine manufacturers and their technical teams. While the aircraft is going to be almost wholly indigenous, except for the engine, the committee had spoken to the other RTA majors like the Embraer.

With the infrastructure and technical base set up in the country, thanks to the light combat aircraft (LCA) and the advanced light helicopter (ALH) projects, India has much of technical capability for developing the aircraft. "Wherever we are deficient, we will seek consultancy and advisory help from abroad," Upadhyay said. He also added that it could have military capabilities.

The high-powered committee is looking at a 90-seater now, but a 70-seater is also an option. Further, he said, the market survey for the project had been conducted by RITES and A T Kearney. "The numbers they came up with matched our estimates," said A Upadhyay, chairman, NAL. NAL is developing the general aviation aircraft. The aircraft is expected to be a 70-seater, and not more than a 100-seater, he added.

A report would be submitted to the government by the April-end. Combining the projected military and paramilitary requirements, the total Indian requirement is project.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end flat
- Turbulence ahead for airlines despite oil price drop
- Weak rupee may bring cheer to NRIs, expats
- LIC buys PSU stocks, sells pvt sector blue-chips in Q4
- Banks may lower deposit rates as inflation eases: Report
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- 2 Lac Apartments, 1 Lac House / Plots. Click here
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- A Brand New Server at a Price That Fits Your Budget. Click here
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Renu Kohli: Rupee: depreciated tactics
- Mobile handset companies bet on Indian app makers
- CBI arrests Jagan Andhra on alert
- RIL wants import-parity price for its gas
- Gold imports fall 32% on strict govt measures
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us