DEFENCE INDUSTRY
Ministry of Defence signs contract with HAL for procurement of 12 Su-30MKI aircraft
New Delhi. In a major boost to the ‘Aatmanirbhar Bharat’ initiative of the government, a contract for procurement of 12 Su-30MKI aircraft along with associated equipment has been signed between Ministry of Defence and M/s Hindustan Aeronautics Limited (HAL) on December 12, 2024, at an approximate cost of 13,500 Crore inclusive of taxes and duties.
The aircraft would have an indigenous content of 62.6%, enhanced due to indigenisation of many components to be manufactured by Indian defence industry.
These aircraft would be manufactured at Nasik division of HAL. The supply of these aircraft would enhance the operational capability of Indian Air Force and strengthen defence preparedness of the country.