Former chairman of Hindustan Aeronautics Ltd (HAL) RK Tyagi has stressed on the need for India to develop its own civilian aircraft. India, which is the ninth largest civil aviation user in the world, is likely to emerge as the third largest one by 2020, an Aeronautical Society of India release, quoting Tyagi, said on Sunday. “There will be a lot of expansion in activities related to civil and military MROs and skill development. It is at this juncture that India needs to develop its own aircraft,” said Tyagi. The overall investment in aerospace and defence is expected to be more than USD 400 billion in the next 10 years, he added.

Source: Indian Express October 10, 2016 15:33 UTC