New Delhi: India is constantly trying to increase its air strength. After the Rafale fighter jet, a great deal has now been signed with Hindustan Aeronautical Limited (HAL) for the manufacture of indigenous fighter aircraft in the military aviation sector. Under this deal, HAL will prepare 83 Tejas fighter jets for the army. According to the report, a deal of about 39000 crores has been fixed to make these single-engine fighter jets.
Earlier this deal was being reported as Rs 56,500 crore. It has been reported in the report that in one year the total cost of this deal has been cut by Rs 17,000 crore. According to the report, Hindustan Aeronautical Limited was earlier asking for more money for this deal, but later the deal was finalized for Rs 39,000 crore. Now the deal has been sent to the cabinet for final approval.
The deal is expected to get final approval in the current financial year ending on 31 March. Discussion of this deal started when Union Defense Minister Rajnath Singh flew in the Tejas fighter jet. In November 2016, the Defense Acquisition Council (DAC) approved the construction of 83 Tejas. The deal was then priced at Rs 49,797 crore, but HAL demanded Rs 56,500 crore for this deal.