India is set to procure a new fleet of Medium Transport Aircraft (MTA) for the Indian Air Force, estimated at INR 70,000 crore. This initiative aims to bridge the gap in airlift capabilities, bolster domestic manufacturing, and enhance defense partnerships, while ensuring technology transfer and local assembly to support ‘Make in India’.
By Ayaskant Das New Delhi: The Narendra Modi government’s decision to offload up to 15 per cent of its share in Hindustan Aeronautics Limited (HAL) has met with opposition from employees of India’s lone, state-run aircraft manufacturer. But industry veterans feel a gradual disinvestment of the nation’s aerospace […]
New Delhi: Driven by budgetary constraints and the need for faster modernisation of the armed forces, India today cut down its purchase of Boeing Co. P8I aircraft by 40 per cent to just six, instead of the navy’s projected need for 10, people with knowledge of the matter […]