Defence Acquisition Council clears acquisition of 83 Tejas aircraft for IAF

While orders of 40 Tejas aircraft had been placed with HAL in initial configurations, the council paved the way for procurement of 83 of the more advanced Mk1A version of the aircraft from HAL by finalising contractual and other issues

Elizabeth Roche
Updated18 Mar 2020, 07:57 PM IST
Representative image
Representative image

New Delhi: The Defence Ministry's Defence Acquisition Council on Wednesday gave its green signal for the procurement of 83 indigenous Tejas fighter jets for Indian Air Force with more advanced configuration than the 40 currently on order.

“The Light Combat Aircraft Tejas indigenously-designed by Aircraft Development Agency (ADA) under the Defence Research and Development Organisation (DRDO) and manufactured by Hindustan Aeronautics Limited (HAL) is going to be the backbone of Indian Air Force in future,” a statement from the defence ministry said.

“While orders of 40 Tejas aircraft had been placed with HAL in initial configurations, the DAC paved the way for procurement of 83 of the more advanced Mk1A version of the aircraft from HAL by finalising the contractual and other issues” on Wednesday, the statement said.

“The proposal will now be placed for consideration of Cabinet Committee on Security (CCS). This procurement will be a major boost to 'Make in India' as the aircraft is indigenously designed, developed and manufactured with participation of several local vendors apart from HAL,” the statement said.

Though the defence ministry statement made no mention of the price, the order for 83 Tejas aircraft is expected to cost 39,000 crores. The Tejas is expected to form the back bone of the IAF's fleet in the coming years.

This procurement will be a major boost to the Narendra Modi government’s flagship “Make in India” as the LCA is indigenously designed, developed and manufactured with participation of several local vendors apart from HAL, the statement added.

At his annual press conference ahead of Indian Air Force day on 8 October, Indian air chief R.K.S. Bhadauria had said that the force would be looking to indigenous platforms like the Tejas and the advanced medium combat aircraft (AMCA) to meet the requirements of its squadron numbers as well as modernize its inventory with fourth generation plus and fifth generation aircraft.

According to the defence ministry statement, the Defence Acquisition Council also approved the acquisition of indigenous defence equipment for about 1,300 crore. The proposals were for procurement of aerial fuses and twin-dome simulators for Hawk Mk32 aircraft for the IAF, the statement said.

Catch all the Business News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:18 Mar 2020, 07:57 PM IST
Business NewsNewsIndiaDefence Acquisition Council clears acquisition of 83 Tejas aircraft for IAF

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Adani Power

    665.85
    02:59 PM | 16 SEP 2024
    32.3 (5.1%)

    Tata Steel

    154.20
    02:59 PM | 16 SEP 2024
    0.8 (0.52%)

    Bank Of Baroda

    238.80
    02:59 PM | 16 SEP 2024
    -0.5 (-0.21%)

    Bharat Electronics

    290.50
    02:59 PM | 16 SEP 2024
    0.55 (0.19%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Godfrey Phillips India

    7,940.45
    02:59 PM | 16 SEP 2024
    616.7 (8.42%)

    Adani Green Energy

    1,931.40
    02:59 PM | 16 SEP 2024
    143.55 (8.03%)

    Dixon Technologies (India)

    13,971.00
    02:59 PM | 16 SEP 2024
    949.6 (7.29%)

    Triveni Engineering & Indus

    507.80
    02:59 PM | 16 SEP 2024
    33.95 (7.16%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      73,120.00130.00
      Chennai
      73,260.00160.00
      Delhi
      75,415.00105.00
      Kolkata
      75,750.00150.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.86/L0.00
      Chennai
      100.85/L0.10
      Kolkata
      104.95/L0.00
      New Delhi
      94.72/L0.00

      Popular in News

        HomeMarketsPremiumInstant LoanMint Shorts