If HAL has not been able to make a good fighter Jet engine, it does not mean that they can never make it.
There is nothing wrong in trying to learn through joint ventures & collaborations.
Earlier , we used to take help of USA for launching a satellite- Today ISRO has launched more than100 satellites independently without any help.
Every one can not make everything & Technology is unique and patented at times. In the whole world, there is only one “Airbus ” one “Boeing” one “Apple” one ” Facebook” one “WhatsApp” one “Google” one “Amazon” and there would be many more which are unique and no one has been able to replicate it.
As a country, We have our own Strength & Weakness – our strength is our Culture , our Values, our Traditions, our Democracy.
Indian Pharma industry is known as “The Pharmacy store” of the world and IT Service Industry is the largest in the world.
Our Digital payment system / UPI across 1400 million people is unique to India and no country has been able to replicate it.
Discl: Invested in a basket of Defence stocks that includes HAL. My Basket of Defence & Railway stocks has already given me 150% return during last one year.
This is not a buy or sell recommendation. please do your own assessment before investing.
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