Comment
Comment by statguy
I will give you a datapoint, among many. The Indian govt. recently awarded a critical contract for modernizing the Indian Air Force to a company owned by Anil Ambani who is the brother of Mukesh Ambani, owner of Jio. The Anil Ambani (who has since declared bankruptcy) company had zero experience in defence or aeronautics, yet it was chosen over India's state owned HAL which has decades of aeronautical expertise.