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India looking to partner with Embraer, Sukhoi to make small jets locally

The government will keep 51% equity with an Indian company, while asking the foreign partner to do technology transfer, the people said

Photo: Bloomberg
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Photo: Bloomberg

Siddhartha Singh and Ragini Saxena | Bloomberg
India is looking to partner with global aircraft manufacturers, including Embraer SA and Russia’s Sukhoi, to make small planes locally as it seeks to improve connectivity in tiny towns and far-flung areas, according to people familiar with the matter.
 
The government will keep 51% equity with an Indian company, while asking the foreign partner to do technology transfer, the people said, asking not to be identified as the deliberations are at an early stage. The jets, which typically seat less than 100 people, are likely to be produced in Prime Minister Narendra Modi’s home state of Gujarat, they said. 

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