Plans to acquire new aircraft, indigenise production

New Delhi: Ministry approves Rs 12,000-cr plan to procure planes The defence ministry on Monday approved a Rs 12,000 crore plan to procure 56 transport aircraft for the Indian Air Force and indigenise manufacture of the metal birds in a phased manner.
The approval may open up doors of military aviation to Indian private sector. As the aircraft would be purchased under “buy and make” category under the defence procurement policy, the ministry has taken steps to involve Indian private sector in the manufacturing.
23/07/12 Kalyan Ray/Deccan Herald

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Categories: Indian Aviation- In General Jul 2012, New Jul 2012