Civil Aviation Sector : News , Updates & Discussions .

[crazywithmath]

Gormint setting up SPV for RTA project;

India eyes production of homegrown planes: Govt to set up special purpose vehicle for making regional transport aircraft

India is making significant strides toward self-reliance in the aviation sector with plans to establish a Special Purpose Vehicle (SPV) for manufacturing regional aircraft. The government is committed to enhancing skill development and promoting indigenous technologies, such as the Saras Mk2, to...

economictimes.indiatimes.com

I still won't read too much into this development but SPVs might be the breakthrough this gormint needed to venture into truly cutting edge stuff.

Also, looks like the service focused startups are following in on Ola's footsteps, ie, the 'make a fortune and then venture into hard tech' playbook.

https://www.business-standard.com/industry/news/deepinder-goyal-invests-lat-aerospace-startup-125031200283_1.html

 

[Anants]

Also, looks like the service focused startups are following in on Ola's footsteps, ie, the 'make a fortune and then venture into hard tech' playbook.

Never worked atleast for our IT darlings

 

[crazywithmath]

Never worked atleast for our IT darlings

But I like what Ola is doing. Zomato seems to be following in their footsteps.

 

[Anants]

But I like what Ola is doing. Zomato seems to be following in their footsteps.

OLA se zyada better attitude Ather ka hai for product development. Whatever they produce they maintain quality. But alas they dont have great funding to go big guns.

 

[crazywithmath]

OLA se zyada better attitude Ather ka hai for product development. Whatever they produce they maintain quality. But alas they dont have great funding to go big guns.

I know, I have made a no of posts appreciating Ather and Ultraviolette. But Ola and others are doing decently - yeah, granted they went overboard with PR and hype but still... service cos venturing into hard tech needs to be encouraged. Sridhar Vembu is carving out a niche for himself by funding multiple early stage hard tech start-ups. This needs to be encouraged more.