TIL Desk/National/New Delhi/ In a major decision aimed at boosting the domestic aerospace industry, India on Wednesday approved a much-awaited deal worth Rs 48,000 crore to procure 83 indigenously-developed Light Combat Aircraft (LCA) Tejas for the Indian Air Force.
The decision to procure the fleet was taken at a meeting of the Cabinet Committee on Security (CCS) chaired by Prime Minister Narendra Modi, Defence Minister Rajnath Singh said.
“The CCS chaired by PM Sh.@narendramodi today approved the largest indigenous defence procurement deal worth about (Rs) 48,000 crores to strengthen IAF’s fleet of homegrown fighter jet ‘LCA-Tejas’. This deal will be a game changer for self reliance in the Indian defence manufacturing,” Singh tweeted.
Calling the approval to the proposal by the CCS as a historic decision, the defence minister said Tejas jets are going to be the backbone of the fighter fleet of the Indian Air Force (IAF) in years to come.
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