And this is what it comes down to. Not the Guvment, sadly not the unfortunate shareholders who have stumped up cash for private ventures, but the managers who have made some hopeless decisions. Managers who wouldn't listen to details be they technical or financial, but ploughed on regardless, or worse reckoned they knew more than the experts. The Nomad (N1) was a single engined aircraft designed around the PT6 until the RAAF managers got involved. Once again the injection seat was in and out of the design (the sloping frame forward of the wing remained in the design). The aeroplane was then rushed into production while the deficiencies obstinately remained uncured on 01 and 02. This sort of business has gone on up until the present day.
As to Mahindra and Australia, do you think the former Shareholders in Gippsland Aeronautics made a bomb from the sale? In terms of the press report which started the thread, I think the reporter sort of mixed up two themes. One has been the age old problem of how to rationalise shipping of aircraft parts from global suppliers and where to nail them all together - that debate will continue. The second has been Mahindra's propensity for shopping around for a "production facility" eyeing off where the best "inducements" can be found. In Australia, Mahindra has been mentioned in connection with Bundaberg, Toowoomba, Sunshine Coast - all the usual suspects. Overseas? who knows?