India’s private sector may soon be given its most challenging assignment yet—build the country’s fifth-generation fighter

India may turn to private companies to manufacture the Advanced Medium Combat Aircraft (AMCA), marking a shift from the usual practice of assigning such projects to state-run Hindustan Aeronautics Limited (HAL). The move comes as HAL’s order book is already full, but it has unsettled investors, with the company’s stock falling in recent days.