TATA: 7 Things You Must Know About Tata’s Rs 22,000-Crore Contract to Make Military Planes

TATA: 7 Things You Must Know About Tata’s Rs 22,000-Crore Contract to Make Military Planes

In the biggest defence deal given to the private sector yet, the defence ministry inked a Rs 22,000 crore contract with Tata – Airbus to manufacture military transport aircraft. The deal for 56 of the C295 aircraft has been in the making for nine years. Here's what it is and what it means for India in nutshell The Contract Rs 22,000 crore contract placed on Airbus Defence and Space, Spain for acquisition of the C 295MW transport aircraft. 14 of the aircraft will be built in Spain while the remaining 40 are to be made by Tata under a partnership in India. All the deliveries will be completed within ten year and the aircraft would have an indigenous Electronic Warfare Suite. What does it mean for Make in India Tata, which has taken the first step towards becoming an aviation manufacturing giant in the future, says it is the deepest Make in India project yet with the private sector, with aluminium blocks going in at one of the facility and a flight worthy aircraft emerging from the other …