Live
- Telangana IT Minister D. Sridhar Babu Highlights Future City Vision and Data Center Growth at IAMPHENOM Event
- Quota stir: Panchamasali seer violated law, claims Siddaramaiah
- India vs Australia: Third Test at Gabba – Match Timings and Details
- Allu Arjun’s team denies arrest rumors; gives clarity
- Film actor Mohan Babu knocks High Court doors. Requests for anticipatory bail
- Allu Arjun Seeks Lunch Motion; Court Hearing Scheduled for 2 PM Today
- Vijayawada hosts Swarnandhra Vision-2047 Program to foster development in AP
- World Bank okays loan for new project to boost earnings of UP farmers
- Zomato gets GST tax demand notice of Rs 803 crore
- Atul Subhash suicide: No arrests made yet, says Bengaluru Police Commissioner
India to acquire 111 copters
The long-pending proposal was cleared at a meeting of the Defence Acquisition Council, chaired by Defence Minister Nirmala Sitharaman, official sources said.
New Delhi: The long-pending proposal was cleared at a meeting of the Defence Acquisition Council, chaired by Defence Minister Nirmala Sitharaman, official sources said.
They said 16 helicopters will be procured at a fly away condition while 95 will be manufactured in India.
The acquisition of the helicopters will be made under the strategic partnership model.
The cost of the project will be Rs 21,738 crore, the sources said.
The government will now start the process to identify a foreign helicopter maker and an Indian defence firm for a joint venture for the project.
In May, the government had unveiled the strategic partnership model under which select private firms will be roped in to build military platforms such as submarines and fighter jets in India in partnership with foreign entities.
The procurement of the helicopters will be the first major acquisition project under the new model.
