Defence Ministry Inks Rs 13,500 Cr Deal With HAL To Procure 12 Sukhoi Jets

New Delhi, Dec 12 (PTI) The Defence Ministry on Thursday said it inked a Rs 13,500 crore deal with state-run aerospace major Hindustan Aeronautics Ltd (HAL) to procure 12 Sukhoi jets.

The aircraft will feature 62.6 per cent domestic content, it said.

The Russian-origin Su-30MKI jets are being procured for the Indian Air Force. These jets are now manufactured by the HAL under an intergovernmental framework.

“MoD signed a ?13,500 Cr deal with Hindustan Aeronautics Limited (#HAL) to procure 12 Su-30MKI fighter jets. These aircraft will feature 62.6 per cent domestic content, with key components to be manufactured by Indian #defenceindustry,” the ministry said on ‘X’.

“This marks another milestone in India’s journey towards #selfreliance, boosting the capabilities of our #armedforces,” it said.

  • Related Posts

    What Is The New ‘Pay With Mutual Fund’ UPI Feature? Here’s All You Need To Know

    Imagine paying for your morning coffee or settling a bill with friends using your mutual fund investments- yep, you heard that right! India’s Unified Payments Interface (UPI) has rolled out an exciting new feature called ‘Pay with Mutual Fund’, blending the ease of digital paymen Read More

    Domestic Consumption Expected To Cushion India’s Growth Slowdown In H2: SBICAPS

    India’s economic growth in the second half of the current financial year is expected to remain steady, with strong domestic consumption likely to cushion the slowdown, according to a report by SBI Capital Markets (SBICAPS). The report noted that while global uncertainties and tra Read More

    Leave a Reply

    Your email address will not be published. Required fields are marked *