Last month, Air India placed an order for 470 aircraft: 250 with European plane maker Airbus and 220 with American giant Boeing.
While this is the world's largest ever single-tranche aircraft purchase, all these planes would be built in Europe and America.
On the other hand, China's state-owned Commercial Aviation Corp of China (COMAC) has delivered the first domestically-manufactured commercial aircraft, C919, late last year. The company claimed that it has received 1,200 orders for the jet.
"We, despite being a large country, do not have the capability to manufacture our own aircraft, and this is one of our largest failings.
The minister (Civil Aviation Minister Jyotiraditya Scindia) alluded to this yesterday," Bansal said during the CAPA India Aviation Summit 2023.
He called India's inability to manufacture commercial aircraft a "huge pain point." During the summit, Bansal also said that the government is expecting to complete the disinvestment of India's largest aircraft maintenance, repair and operations (MRO) company AI Engineering Services Limited (AIESL) in a couple of months and it will invite expression of interest "very soon".
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