New Delhi: The Tejas light combat aircraft programme will end up costing India well over Rs 55,000 crore at the very least. The overall developmental cost of the home-grown fighter, which remains a critical operational necessity despite still being in the making after 30 years, currently stands at Rs 17,269 crore.
Then, the production cost of each Tejas will conservatively be around Rs 220 crore. If as per the existing plan, IAF goes in for 120 fighters and the Navy for 50, it adds up to Rs 37,440 crore. The defence ministry till now has approved orders for 20 Tejas jets in "initial operational clearance ( IOCBSE -5.07 %)" configuration for Rs 2,813 crore for IAF, and another 20 in final FOC configuration for Rs 5,989 crore.
13/02/14 Economic Times
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Then, the production cost of each Tejas will conservatively be around Rs 220 crore. If as per the existing plan, IAF goes in for 120 fighters and the Navy for 50, it adds up to Rs 37,440 crore. The defence ministry till now has approved orders for 20 Tejas jets in "initial operational clearance ( IOCBSE -5.07 %)" configuration for Rs 2,813 crore for IAF, and another 20 in final FOC configuration for Rs 5,989 crore.
13/02/14 Economic Times