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Yes and no, while TATA will be granted license to produce, unlike the Dornier, they'll probably be unable to produce a derivative design like HAL has done wrt to the Do-228 unless they renegotiate with Airbus.

56 is just the beginning of the story. Expecting more follow on orders to replace the ageing An-32 fleet and some more by our Coast Guard for C-295W MPA variant

Il-76 Replacement Candidates : used C-17's from USAF inventory, C-2's, A400M and Il-76MD-90A An-32 Replacement Candidates : Il-112, C-27J, C-295W, An-132 Take your pick.