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Govt Inks ₹20,000-Crore Deal With Airbus To Buy 56 Military Transport Aircraft

It envisages total manufacturing of the aircraft in India

Mumbai:  The government inked an over ₹20,000-crore contract with Airbus Defence and Space of Spain to procure 56 C-295 aircraft. Sixteen aircraft will be delivered in flyaway condition by Airbus Defence and Space within 48 months.

It is the first project of its kind under which military aircraft will be manufactured in India by a private company.

Under the deal, 16 aircraft will be delivered in a flyaway condition by the Airbus Defence and Space of Spain within 4 years of signing the contract.

In a tweet, Ratan Tata said, “The clearance of the joint project between Airbus Defense and Tata Advanced Systems to build the C-295 airspaces in India is a great step forward in the opening of aviation and avionics projects in India.”

It envisages total manufacturing of the aircraft in India, he added.

Officials say that the planes will be manufactured in India by a consortium of the Airbus Defence and Space and Tata Advanced Systems Limited (TASL) within 10 years of signing the contract.

“It will create a domestic supply chain capability to international standards, which has never been undertaken before. The Tata Group congratulates Airbus and the Indian Defence Ministry for this bold step in fully building this state-of-the-art multi-role aircraft in India in support of the Make-in-India thrust to bolster the country’s equity framework,” Ratan Tata said.

https://twitter.com/ANI/status/1441295239335976964?s=20

 

The contract was signed two weeks after it was cleared by the Prime Minister Narendra Modi-led Cabinet Committee on Security.

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