The private sector wants the Centre to bar Hindustan Aeronautics Ltd (HAL) from a ₹21,000 crore plan to manufacture naval utility helicopters (NUH), saying that the state-owned company has an undue advantage as it has access to government-funded infrastructure and the ability to cross-subsidise the bid through other nominated orders.
The companies were responding to a question posed by the defence ministry in May on allowing HAL in the competition, which was reserved for the private sector as reported by ET. They said the monopoly of the state-owned enterprise needs to be broken and a level playing field is needed for all bidders. Read More…
