November 05, 2024 21:57 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Union Minister HD Kumaraswamy booked for threatening cop probing into mining case | Supreme Court upholds validity of Uttar Pradesh Madrasa Education Act | Not all private properties are community resources that govt can take over: Supreme Court | Pakistan's Lahore has become world's most polluted city with an AQI of 1900 on Sunday | Indian Army 'successfully completes' patrolling to a key point in Ladakh's Depsang region
India to buy over 100 new fighter jets in world's largest deal

India to buy over 100 new fighter jets in world's largest deal

| @indiablooms | 07 Apr 2018, 11:14 am

New Delhi, Apr 7 (IBNS): The Indian Air Force said in a Request for Information on Friday that it will be buying over 100 new fighter jets, in what is expected to be the world's largest deal.

The said deal is expected to cost more than Rs. 100,000 crores or USD 15 billion.

According to reports, manufacturers such as SAAB of Sweden, Lockheed Martin and Boeing of the United States, Dassault of France, MiG of Russia and the European consortium Eurofighter are expected to compete for India's requirement.    

According to the Indian Air Force, '85 percent will have to be made in India by a Strategic Partner/Indian Production Agency'.

It also said that the first aircraft must be delivered within three years of contract signing.

Meanwhile, commenting on the new deal, Congress President Rahul Gandhi tweeted, "Modi Scam Alert! 15 Billion $ fighter jet deal re-tendered. PM's friends race to tie up STRATEGIC partners. RAFALE, 40,000 Cr. loss to exchequer was "Sayonara" money to French, so PM could re-tender contract and favour friends."

 

image: twitter.com/Ng_Eng_Hen

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.