With the Sukhoi-30MKI fighter — the backbone of the air force fleet — nearing the end of its production run, its manufacturer, Hindustan Aeronautics Ltd (HAL), is taking up a case to build 40 more. If the defence ministry accepts HAL’s proposal, the inventory of the Russian fighter would be enhanced from the planned 272 to 312.
With HAL offering to price the additional Su-30s at just Rs 4.25 billion, the fighter will be barely one-third the cost of the Rafale. According to a Business Standard analysis, the Indian Air Force (IAF) is paying Rs 11.25 billion per Rafale, excluding the price of weapons and logistics.
HAL Chairman T Suvarna Raju said: “We will offer a very competitive price. Since 2010, we have been delivering the Su-30 at Rs 4.25 billion. We can deliver another three squadrons at that same price.” So, the IAF will pay Rs 170 billion for 40 additional Su-30s.
TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.
Subscribe To Insights
Key stories on business-standard.com are available to premium subscribers only.Already a BS Premium subscriber? Log in NOW
What you get on Business Standard Premium?
- Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
- Pick your 5 favourite companies, get a daily email with all news updates on them.
- Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
- Preferential invites to Business Standard events.
- Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.