The defence ministry said procurement of the Mk1A version of Tejas aircraft, to be manufactured by HAL, will be a major boost to the 'Make in India' campaign.
The offer comes ahead of President Donald Trump's maiden visit to India during which the countries are expected to expand defence and military cooperation.
The company is betting on the IAF to place a multi-billion dollar order for an advanced version of the indigenously produced LCA Tejas before the financial year ends.
Tejas is among the contenders as Malaysia looks to issue request for proposal for its new 36-jet contract next year. But diplomatic ties could hurt the deal.
The fourth generation MWF will probably be ready by end of next decade. China already has two fifth-generation fighter jets, and it can sell to Pakistan.
Many 'independent' reports, intended to shape policies, are sponsored by industry groups or entities with deep pockets and vested interests. This process must become transparent.
Once seen as a fading presence on India’s investment & startup picture, the state is slowly moving up the ladder, with policy reforms & infrastructure building.
Agreement signed during 17th Joint Working Group (JWG) on defence cooperation. Defence Secretary Rajesh Kumar Singh met Director General in Israeli Ministry of Defence Amir Baram Tuesday.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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