New Delhi: The government will decide on Saturday whether to press ahead with the Rs 13,000 crore mega project for the private sector to supply 56 medium transport aircraft to the IAF despite only a single bidder, the Tata-Airbus consortium, being in the fray.
Though the defence acquisitions council (DAC) chaired by Manohar Parrikar will take the final decision, MoD sources on Tuesday said the "emerging dominant view" is that green signal should be given to the crucial project designed to promote Indian private sector's entry into the domestic aerospace arena with foreign collaboration.
"The Tata-Airbus technical and commercial bid is a credible offer submitted in a competitive environment. The other seven contenders backed out for one reason or the other," said a source.
19/11/14 Rajat Pandit/Times of India
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Though the defence acquisitions council (DAC) chaired by Manohar Parrikar will take the final decision, MoD sources on Tuesday said the "emerging dominant view" is that green signal should be given to the crucial project designed to promote Indian private sector's entry into the domestic aerospace arena with foreign collaboration.
"The Tata-Airbus technical and commercial bid is a credible offer submitted in a competitive environment. The other seven contenders backed out for one reason or the other," said a source.
19/11/14 Rajat Pandit/Times of India
