This is one way Tata can tilt the balance of the US-EU airliner manufacturing wars:
http://www.business-standard.com/common/news_article.php?leftnm=lmnu1&subLeft=1&autono=312906&tab=r
Basically, both sides would be forced to increase their outsourcing to India, in order to stay competitive. And that's how we'll penetrate the aerospace industry. First we'll suck up all the parts manufacturing, and then we'll start making our own aircraft, from top to bottom.
Brazil already has Embraer, the 3rd-largest aircraft manufacturer in the world. Our engineers are at least as good as theirs -- so why don't we have an Embraer of our own? We also live in a tougher neighborhood, and face more military threats than Brazil does, so we have more reason to need a competitive aerospace sector. Look at how much of our foreign exchange gets sucked up by Russia to supply us with MiGs and Sukhois, whose technology the Russians then sell to China anyway. We need to overcome that racket, by becoming a contender ourselves.
2 comments:
Will Indian IT Co's go into aeronautics?
http://knowledge.wharton.upenn.edu/india/article.cfm?articleid=4254
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