An Indian facility that manufactures Sukhoi Su-30MKI fighters may close in March 2020, leading to a domino effect that could see 400 local suppliers shut their shops over a lack of component orders, according to company officials and industry analysts.
A senior executive of India’s state-owned Hindustan Aeronautics Limited said the company, which owns the facility, will complete the production of the remaining eight Su-30MKI fighters on order by March. Then the production facility at Nasik, central India, could shut down if no new orders are placed, the executive warned.Read More…
