Cabinet approves procurement of 83 Tejas fighter jets in Rs 48,000 cr deal
India TodayIn a CCS meeting chaired by Prime Minister Narendra Modi, the Cabinet approved the procurement of the 'largest indigenous defence procurement deal worth about Rs 48000 crore', on Wednesday. @narendramodi today approved the largest indigenous defence procurement deal worth about 48000 Crores to strengthen IAF’s fleet of homegrown fighter jet ‘LCA-Tejas’. — Rajnath Singh January 13, 2021 "Light Combat Aircraft Mk-1A variant is an indigenously designed, developed and manufactured state-of-the-art modern 4+ generation fighter aircraft. — Rajnath Singh January 13, 2021 "The LCA-Tejas programme would act as a catalyst for transforming the indian aerospace manufacturing ecosystem into a vibrant Atmanirbhar-self-sustaining ecosystem. Last year in March, Ministry of Defence gave the go-ahead for the purchase of 83 Tejas Mark 1A aircraft for the Indian Air Force This was a major breakthrough as, after cost negotiations for over three years between the Ministry of Defence and Hindustan Aeronautics Limited, the price for procurement of advanced variant of the indigenously made Light Combat Aircraft Tejas was slashed.