Tata Advanced Systems (TASL) and Kalyani group are leaning towards not tying up with state-owned Hindustan Aeronautics (HAL) as they prepare to qualify for developing the prototype of India’s first indigenous stealth fighter jet — the Advanced Medium Combat Aircraft (AMCA), sources told Business Standard.
With Larsen & Toubro (L&T) on Wednesday announcing its tieup with state-run Bharat Electronics (BEL), sources added that the only other very large private-sector players who remain potential candidates for a tieup with HAL are Adani group and Mahindra group. The government intends the AMCA programme to serve as a pathway for setting up a

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