In a CCS (Cabinet Committee on Security) meeting chaired by Prime Minister Narendra Modi, the Cabinet approved the procurement of the ‘largest indigenous defence procurement deal worth about Rs 48000 crore’, on Wednesday.
The procurement of 73 LCA Tejas Mk-1A fighter aircrafts and 10 LCA Tejas Mk-1 Trainer aircrafts at the cost of Rs. 45,696 crore along with Design and Development of Infrastructure sanctions worth Rs.1,202 crore has been approved by the Cabinet under the PM Modi.
Defence Minister Rajnath Singh announced the decision on Twitter, saying, “The CCS chaired by PM Sh. @narendramodi today approved the largest indigenous defence procurement deal worth about 48000 Crores to strengthen IAF’s fleet of homegrown fighter jet ‘LCA-Tejas’. This deal will be a game-changer for self-reliance in the Indian defence manufacturing.”
The CCS chaired by PM Sh. @narendramodi today…