Defence Acquisition Council paves way for procurement of 83 indigenous Tejas fighter aircraft for IAF

Image
ANI General News
Last Updated : Mar 18 2020 | 8:50 PM IST

In a big boost to 'Make in India' initiative, Defence Acquisition Council (DAC) has paved way for procurement of 83 indigenous Tejas fighter aircraft for the Indian Air Force (IAF).

The first meeting of the Defence Acquisition Council (DAC) under the chairmanship of Defence Minister Rajnath Singh was held on Wednesday.

"Consequent to the separation of duties between Department of Defence (DoD) and Department of Military Affairs (DMA), the first meeting of the Defence Acquisition Council (DAC) under the chairmanship of Raksha Mantri Shri Rajnath Singh was held with the Acquisition Wing being the Secretariat of the DAC. This would lead to better coordination and faster processing of cases with the Acquisition wing being in the overall charge of the Capital acquisition process," read a release from the Ministry of Defence.

The ministry said that the Light Combat Aircraft Tejas indigenously-designed by Aircraft Development Agency (ADA) under the Defence Research and Development Organisation (DRDO) and manufactured by Hindustan Aeronautics Limited (HAL) is going to be the backbone of Indian Air Force in future.

"While orders of 40 Tejas aircraft had been placed with HAL in initial configurations, DAC paved the way for procurement of 83 of the more advanced Mk1A version of the aircraft from HAL by finalising the contractual and other issues. The proposal will now be placed for consideration of Cabinet Committee on Security (CCS). This procurement will be a major boost to 'Make in India' as the aircraft is indigenously designed, developed and manufactured with participation of several local vendors apart from HAL," the release said.

The ministry said that the Defence Acquisition Council also accorded approval for the acquisition of indigenous defence equipment for about Rs 1,300 crore.

"The proposals were for procurement of Aerial Fuses and Twin-Dome Simulators for Hawk Mk32 aircraft for the Indian Air Force," the ministry said.

The DAC also approved an amendment to the Defence Procurement Procedure (DPP) 2016 to enable review by a Costing Committee of bids submitted by Joint Ventures of Defence Public Sector Undertakings (DPSUs)/Ordnance Factory Board (OFB)/DRDO from whom procurement of Defence items is undertaken on a nomination basis.

"This will bring about more transparency in costs and compress the timelines for negotiation of the contract," the release said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 18 2020 | 8:29 PM IST

Next Story