HINDUSTAN Aeronautics Ltd (HAL) has
tied up is partnering with the industry for greater indigenisation of
aerospace products through the government's 'Make in India' drive.
"Public-private partnership is...
the
need of the hour to propel the government's indigenisation efforts
through its 'Make in India' drive, attract potential suppliers, and
research and development (R&D) partners," HAL chairman R.K.
Tyagi said in a statement.
Maintaining that the Indian defence
manufacturing sector was undergoing changes due to growing interest
in state-run firms like HAL in the global aeronautics arena, Tyagi
said the company would provide access to micro, small and medium
enterprises (MSMEs) for their integration in the defence supply
chain.
The Confederation of Indian Industry's
Karnataka chairman, Sandeep Kumar Maini, said India Inc. was
committed to the growth of a vibrant domestic aerospace industrial
base in the country in partnership with HAL.
The company held a two-day meeting
recently with captains of the industry on 'Make in India' through
public-private partnership and deliberated on import substitution,
R&D investment, labour cost advantage and skill development.
"To sustain global
competitiveness, create an export ecosystem and develop MSMEs as a
powerhouse of innovation, building Brand India was imperative by all
the stakeholders," Tyagi added.
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