Share this article

The Indian Cabinet Committee on Security has approved a Rs150bn ($3.1bn) order to acquire 42 additional Sukhoi-30 MKI fighters for the Indian Air Force (IAF).

Under the new order, the IAF will receive the new Sukhoi-30 MKIs by 2018, increasing the total number of Sukhoi fighters to 272, according to the Economic Times.

Hindustan Aeronautics Limited (HAL) will begin manufacturing the Sukhoi-30 MKI, each costing Rs3bn ($74m) in 2014.

The Sukhoi-30 MKI is expected to be the dominant fighter of the air force by the time the 126 MMRCAs (medium multirole combat aircraft), worth $10bn, enter service.

India originally awarded a contract for 40 Sukhoi-30 MKI in 1996, but later added two more to the order book to replace two crashed fighters.

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.

Company Profile – free sample

Thank you!

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 form

By GlobalData