India News | Defence Ministry Inks Rs 13,500 Crore Deal with HAL to Procure 12 Sukhoi Jets
Get latest articles and stories on India at LatestLY. The Defence Ministry on Thursday said it inked a Rs 13,500 crore deal with state-run aerospace major Hindustan Aeronautics Ltd (HAL) to procure 12 Sukhoi jets.
New Delhi, Dec 12 (PTI) The Defence Ministry on Thursday said it inked a Rs 13,500 crore deal with state-run aerospace major Hindustan Aeronautics Ltd (HAL) to procure 12 Sukhoi jets.
The aircraft will feature 62.6 per cent domestic content, it said.
The Russian-origin Su-30MKI jets are being procured for the Indian Air Force. These jets are now manufactured by the HAL under an intergovernmental framework.
"MoD signed a ?13,500 Cr deal with Hindustan Aeronautics Limited (#HAL) to procure 12 Su-30MKI fighter jets. These aircraft will feature 62.6 per cent domestic content, with key components to be manufactured by Indian #defenceindustry," the ministry said on 'X'.
"This marks another milestone in India's journey towards #selfreliance, boosting the capabilities of our #armedforces," it said.
(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)