The Council of Scientific and Industrial Research-National Aerospace Laboratory (CSIR-NAL), Bangalore, is ready with the feasibility study of the National Civil Aircraft Development (NCAD) programme.
The feasibility study has found that the 90-seater passenger aircraft would cost Rs 7,555 crore of which Rs 4,355 crore would go towards design and development and Rs 3,200 crore will go towards the series production phase. The programme will be done in two phases — design and development; and manufacturing. It is anticipated that industrial units in the private sector will be involved in both the phases.
The Planning Commission has recommended that the CSIR could move a Cabinet Note for the in-principle approval of the programme.
The information was given by the Minister of State for Science and Technology and Earth Sciences Ashwani Kumar in a written reply to a question in Lok Sabha on Thursday.