HAL and Air India
HAL and Air India
This refers to the reports on HAL getting orders for export of LCAs to three countries and Tatas finalising Air India-Airbus deal to acquire 250 planes (The Hindu Business Line, February 15). These are positive developments in the India growth story which would have received more media attention, but for the distractions caused by some unpleasant developments in the corporate sector, which hopefully will fade out sooner than later.
India has huge unexploited potential in defence industries and manufacture of aircrafts. The other two sectors which can help India prosper faster are tourism and gold management. We have to shed the hesitant approach thrust upon by traditional reasons and move faster in these areas.
M G Warrier
Mumbai
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