Defence Ministry approves purchase of 33 new fighter jets including 21 MiG-29s from Russia
The decision comes in the wake of high tension along the Line of Actual Control (LAC) in Ladakh where Indian and Chinese troops have been in a standoff position for several weeks now.
Editorial Staff
Defence Ministry approves purchase of 33 new fighter jets including 21 MiG-29s from Russia
The Defence Ministry on Thursday approved a proposal to acquire 33 new fighter aircraft including 12 Su-30MKIs and 21 MiG-29s along with upgradation of 59 MiG-29s at a cost of Rs 18,148 crore.
“Addressing the long felt need of the Indian Air Force to increase its fighter squadrons, the DAC also approved the proposal for procurement of 21 MiG-29 along with upgradation of existing 59 MiG-29 aircraft and procurement of 12 Su-30 MKI aircraft,” the defence ministry said in a statement on Thursday after a meeting of the Defence Acquisition Council (DAC) under the Chairmanship Defence Minister Rajnath Singh .
While the MiG 29 procurement and upgradation from Russia is estimated to cost Rs 7418 cr, the Su-30 MKI will be procured from HAL at an estimated cost of Rs 10730 cr.
The decision comes in the wake of high tension along the Line of Actual Control (LAC) in Ladakh where Indian and Chinese troops have been in a standoff position for several weeks now.
The DAC also approved acquisitions of…
