A proposal for doubling the production of indigenous Light Combat Aircraft Tejas is being processed, and around Rs.1,259 crore will be spent for the purpose, the government said on Tuesday.
In a written reply in the Rajya Sabha, Minister of State for Defence Rao Inderjit Singh said a proposal of the Cabinet Committee on Security for ramping up of production of LCA from the present installed capacity of 8-16 aircraft per annum by HAL was being processed.
"An expenditure of Rs.1,259 crore has been proposed for this purpose with 50 percent funding by HAL (Hindustan Aeronautics Limited), 25 percent by IAF (Indian Air Force) and 25 percent by Indian Navy," the minister said.
15/03/16 Business Standard
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In a written reply in the Rajya Sabha, Minister of State for Defence Rao Inderjit Singh said a proposal of the Cabinet Committee on Security for ramping up of production of LCA from the present installed capacity of 8-16 aircraft per annum by HAL was being processed.
"An expenditure of Rs.1,259 crore has been proposed for this purpose with 50 percent funding by HAL (Hindustan Aeronautics Limited), 25 percent by IAF (Indian Air Force) and 25 percent by Indian Navy," the minister said.
15/03/16 Business Standard
