India's Private Sector Is Building a Stealth Fighter. Here's What That Really Means.

India has formally opened bidding for the AMCA — its first indigenous fifth-generation stealth fighter jet program. Designed to rival aircraft like the F-35, J-20 and Su-57, the AMCA represents one of the most ambitious defence projects in Indian history. Here’s why the project matters, which companies are in the race, and how it could reshape India’s military future.