Bangalore: Defence aircraft maker Hindustan Aeronautics Ltd has invited bids to build a new design and manufacturing complex in Bangalore for MMRCA fighter planes.
The facility is estimated to cost Rs 360 crore and is to be completed two years from the award date.
The IAF is acquiring at least 126 MMRCAs (medium multi-role combat aircraft) to modernise its ageing and depleting fleet.
The MiG-21 fighters are to be phased out from 2014. The Navy is also expected to top up the order.
The tender for the new production unit comes even as the Government's Contract Negotiation Committee is negotiating the cost of procuring the fourth-generation fighters with the finalist vendor, France's Dassault Aviation.
HAL plans to locate it at Challaghatta where it has large tracts of land. The integrated ‘green' factory complex will include hangars, runways and residential units.
The area is close to the old international airport, which was closed to commercial flights in May 2008.
25/03/12 Madhumathi D.S./Business Line
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