Live tv
search
  1. You Are At:
  2. English News
  3. India
  4. IAF to build 96 fighter jets in India under the 'Buy Global and Make in India' scheme

IAF to build 96 fighter jets in India under the 'Buy Global and Make in India' scheme

The initial 18 aircraft will be imported while the next 36 aircraft would be manufactured within the country. The payments would be made partially in foreign as well as Indian currency. 

Hritika Mitra Edited by: Hritika Mitra @MitraHritika New Delhi Published on: June 12, 2022 16:54 IST
Indian Air Force, Fighter jets, Aatmanirbhar Bharat, PM Narendra Modi, Buy Global and Make in India
Image Source : FILE PHOTO

IAF to build 96 fighter jets in India under the 'Buy Global and Make in India' scheme 

Highlights

  • IAF plans to acquire 114 fighter jets under the Aatmanirbhar Bharat scheme
  • The payment for the last 60 aircrafts will be made only in Indian currency
  • Aircraft manufacturers like Boeing, Saab, MiG, Dassault Aviation others are expected to participate

The Indian Air Force has been planning to acquire 114 fighter jets out of which 96 will be built in India in a bid to push the Aatmanirbhar Bharat scheme. Indian companies would be allowed to partner with a foreign vendor in order to acquire 114 Multirole Fighter Aircraft (MRFA) under the 'Buy Global and Make in India' scheme. 

"Recently, the Indian Air Force held meetings with the foreign vendors and asked them about the way they would carry out the Make in India project," government sources told news agency ANI. Sources have stated that after the initial 18 aircraft are imported, the next 36 aircraft would be manufactured within the country, while the payments would be made partially in foreign as well as Indian currency. 

The last 60 aircraft would be the main responsibility of the Indian partner and the government would make payments only in Indian currency, the sources said. The payment in Indian currency would help the vendors to achieve the over 60 per cent 'Make-in-India' content in the project, the sources said. Global aircraft manufacturers including Boeing, Lockheed Martin, Saab, MiG, Irkut Corporation and Dassault Aviation are expected to participate in the tender. The Indian Air Force has to rely heavily on these 114 fighter jets for maintaining its superiority over the neighboring rivals Pakistan and China.

The 36 Rafale aircraft procured under emergency orders helped immensely in maintaining an edge over the Chinese during the Ladakh crisis which started in 2020 but the numbers are not enough and more such capability would be required by it. The force has already placed orders for 83 of the LCA Mk 1A aircraft but it still requires a higher number of capable aircraft as a large number of MiG series planes have either been phased out or are on their last legs.

The fifth-generation Advanced Medium Combat Aircraft project is moving ahead at a satisfactory pace but it will take a lot of time to be able to be inducted into an operational role. The IAF is also looking for a cost-effective solution for its fighter jet requirement as it wants a plane that is low on operational cost and gives more capability to the service, the sources said. The IAF is highly satisfied with the operational availability of the Rafale fighter jets and wants similar capability in its future aircraft. 

(With Inputs from ANI) 

ALSO READ | Uttarakhand bus accident: Death toll rises to 26; IAF to lift bodies on MP CM request

ALSO READ | IAF helicopters rescue seven trekkers stranded in Rudraprayag

Latest India News