IAF pushes Rs 1.5L cr ‘Make In India’ deals for 170 aircraft

The IAF is finalising two long-pending mega ‘Make in India’ projects worth about Rs 1.5 lakh crore ($22 billion). While the project for 56 medium transport aircraft will take off this year, the one for 114 fighter jets will take several years. The 114-fighter project is crucial because the 36 Rafales and the indigenous Tejas light combat aircraft will not make up for the fast depleting numbers, a source said.

from Times of India https://ift.tt/2S1Yw98