Infrastructure, skilling, access to funds - these fundamentals need to be fixed first for India to achieve its aerospace targets
Part of the Tamil Nadu Defence Industrial Corridor, the investment in the facility is yet to be disclosed
HAL is majorly owned by the government and has a strategic role in the defence programme.
In India, the company serves customers such as stock exchanges, brokers, non-banking financial companies, financial services and insurance, IT and IT-enabled services.
An existing "Make" procedure for developing such systems involves the ministry paying back 80% of the development cost, but its unease with this category was already evident