India to ink 2 landmark military aircraft deals in next few months
NEW DELHI: India is gearing up for two major long-pending military aircraft deals, together worth over Rs 50,000 crore, in the new year. The contracts for 83 indigenous Tejas fighters and 56 medium-transport aircraft through a Tata-Airbus joint venture are set to be inked within the next few months.
The over Rs 37,000 crore order for 83 Tejas Mark-1A jets from defence PSU Hindustan Aeronautics Ltd will be the biggest-ever deal in the indigenous military aviation sector. These 83 fighters, the deliveries of which will begin three years after the contract is inked, will have 43 “improvements” over the 40 Tejas Mark-1 already ordered by the IAF.
The Tata-Airbus project to build 56 twin-turboprop C-295 aircraft, which will replace the old Avro-748 aircraft of IAF, in turn, will be the first time an Indian private sector company will enter the defence aerospace arena.
While Airbus will supply the first 16 aircraft in two years after the contract is inked, the rest 40 will thereafter be built in India within eight years, in the project which was initially valued at Rs 11,929 crore.
Both the projects have been sent to the Cabinet Committee on Security (CCS) for the final approval. “The Tejas contract will be the first to be approved by the CCS. It is likely to be inked in early-February. The C-295 project, with the participation of Tata as the Indian production agency will follow subsequently,” said an official on Tuesday.
The C-295 project has been hanging fire for almost a decade!
It is just 6 years imagine what could have happened in 60 years rule of determined people. Jai ho Modi ji
Great decision, this move not only bolster Indian defence but also caters way for exporting arms to Globe. This will promote our Indian manufacturing system and strengthen our ability.
As in most projects the Tejas project was also neglected by the previous Congress go nments. Before Modhiji became Premier, Tejas project was moribund (nearly dead) with everyone, including HAL, pushed it to the back of the Shelf.
The main difference between Modi and the other PMs is that Modiji is 100% committed to the country without the slightest hint of personal gain ! He is a true Hindu . Hope he has a looooong life !
HAL should be privatized. HAL still has not finished making the original 130 Su-30 MKI, which should have been done in 2015.I doubt HAL's ability to manufacture anything going forward
We need to maintain 42 squadron of fighter jets, this number has not changed in last 10yrs..does China air power hasn't changed in a decade?
Make in India, Made in India
Truth Be Told
HAL is just selling GE engine in package of Tejas. Develop Indian engine.
Great job to promote indigenous jets.
Finally, one good news.
Harshad B Chauhan
Excellant decision to go for indeginous large scale equisition.
HAL supposed to deliver 40 Tejas MK1 by 2016 itself, it has still not delivered. Another 83 Tejas MK1A ordered. They are thick skinned. They work in their own way, those go nment employees don't have sense of urgency. But I am sure Tata-Airbus joint venture will deliver all planes ahead of schedule.
Good to see that Make in India is starting up realistically.
Must needed action... good job by go nment.
Make in India and buy in India. Boycott esp Chinese goods
MADE IN INDIA. Great.