March 23, 2025 05:40 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Lower representation in Parliament will weaken states' political strength: Stalin at delimitation meeting | Lower representation in Parliament will weaken states' political strength: Stalin at delimitation meeting | MK Stalin hosts mega multi-state meeting on delimitation in Chennai, BJP calls it drama | Cash pile accused Justice Yashwant Varma was named in CBI's FIR for alleged corruption, SC junked it later | London: Heathrow Airport resumes operation after substation fire causes power disruption | Bangladesh interim government not planning to ban Sheikh Hasina's Awami League | Fire at Delhi HC judge's house leads to recovery of unaccounted cash, SC collegium acts | Indian researcher Badar Khan Suri won't be deported from US over alleged Hamas link, orders judge | Donald Trump signs order to start dismantling US Education Department | Finland is world's happiest country, India slightly improves its happiness quotient with 118th position

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

| @indiablooms | Apr 07, 2018, at 04:44 pm

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.
Close menu