Future of China´s, India´s aircraft industry

[ptldM3]

I wonder how many of Russian arms manufacturers are listed companies? The more I read this article the more I feel it's written to cheer up the investors.

What's there to cheer when defense contractors are seeing record sales?

 

[TenjikuKensei]

India should open up more to private Indian companies. Competition always breeds innovation...thus with multiple companies competing, the designs and ideas that result would be better. The same could also be true for R&D time.


would it be a bit more expensive than developing all the components/weapons/other stuff under DRDO and related agencies? yes...after all Private companies do work for profit. However, would the end result (using private companies to compliment DRDO work) be much cheaper than buying them from foreign nations? yes.

The positives outweigh any negatives.