Rs 15,000 Crore Tata-Airbus Deal for Military Transport Aircraft at CCS Door
Indian Air Force is finalisation of an estimated Rs 15,000-crore contract to manufacture the C-295 transport aircraft in India by a TATA-Airbus combin
Editorial Staff
Rs 15,000 Crore Tata-Airbus Deal for Military Transport Aircraft at CCS Door High on the priority list of Indian Air Force is finalisation of an estimated Rs 15,000-crore contract to manufacture the C-295 transport aircraft in India by a TATA-Airbus combine BANGALORE : With contract for the light combat aircraft signed–the largest military order placed domestically--focus has shifted to a mega deal which, if approved by the PM-led cabinet committee on security (CCS), will see military transport aircraft being manufactured in India. High on the priority list of Indian Air Force is finalisation of an estimated Rs 15,000-crore contract to manufacture the C-295 transport aircraft in India by a TATA-Airbus combine, which would make it the first time a military plane of such size is built domestically. People aware of the matter told ET that the plan to acquire 56 aircraft to replace the ageing Avro fleet is in the final stage, with top-level approvals expected soon to move it to the next stage as a showcase of the ‘Make in India’ initiative. Unlike the RS 48,000-crore T…
