India Embarking On Homegrown Regional Jet Program With ₹12,511 Crore Special Purpose Vehicle Initiative

India is embarking on an ambitious endeavour to develop its own regional transport aircraft, marking a significant step towards self-reliance in aviation manufacturing.The government has announced the formation of a Special Purpose Vehicle (SPV) dedicated to this project, with reports as of 21 January 2026 indicating that the SPV is in the advanced stages of establishment but not yet formally
India is embarking on an ambitious endeavour to develop its own regional transport aircraft, marking a significant step towards self-reliance in aviation manufacturing.The government has announced the formation of a Special Purpose Vehicle (SPV) dedicated to this project, with reports as of 21 January 2026 indicating that the SPV is in the advanced stages of establishment but not yet formally
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