The Indian Air Force (IAF) has decided to procure Su-30MKI aircraft and Tejas light combat aircraft (LCA) for induction into the IAF fleet, Indian Defence Minister AK Antony has said.
The aircraft procurement programme involves a mix of direct foreign purchase and subsequent manufacture in India with increasing levels of indigenisation.
The IAF Su-30MKI aircraft, and the Tejas LCA, are already under production with Hindustan Aeronautics Limited (HAL).
HAL will also manufacture the medium multirole combat aircraft (MMRCA) and fifth-generation fighter aircraft (FGFA) planned for induction into the IAF.
The total cost of procurement of the Su-30MKI is estimated at over $12.12bn while the Tejas LCA procurement cost is about $1.89bn.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData