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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

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