Mar. 19/2020 – In a bid to strengthen Indian Air Force, the Defence Ministry approved the proposal of procuring 83 Tejas Mark-1A fighter jets from state-owned Hindustan Aeronautics Ltd for a whopping amount of about Rs 37,000 crore.
Chairing the Defence Acquisitions Council, Defence Minister Rajnath Singh gave the go-ahead to the proposal. Now it would be placed before the Cabinet Committee on Security to get final approval.
“This procurement will be a major boost for ‘Make in India’ as the aircraft is indigenously designed, developed and manufactured with participation of several local vendors apart from HAL,” reported TOI quoting an official.
In addition, the DAC gave consent for acquisition of other indigenous equipment at an overall cost of around Rs 1,300 crore, including aerial fuses and twin-dome simulators, for the British-origin Hawk advanced training jets.