Centre approves procurement of 56 transport aircraft from Spain; 40 to be made in India
NATIONAL: Lately in a bid to better equip the Indian Air Force, the Centre approved the procurement of 56 C-295MW transport aircraft from a Spain-based private firm. The decision was taken during a Cabinet Committee on Security meeting.
According to the Ministry of Defence, 16 aircraft will be delivered in flyaway condition from Spain within 48 months of the signing of the contract, while 40 aircraft will be manufactured in India by TATA Consortium within 10 years.
This is a first-of-its-kind project, under which a military aircraft will be manufactured in India by a private company, the government said.
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