Atmanirbhar Bharat scheme: IAF to acquire 114 fighter jets, 96 of them to be made in India – The Economic Times Video

For the impetus to ‘Atmanirbhar Bharat’ Scheme, the IAF plans to acquire 114 fighter jets, of which 96 would be built in India. The cost of the entire deal is estimated to be around Rs 1.5 lakh crore. The IAF is considering to acquire these Multirole Fighter Aircraft under ‘Buy India and Make in India’ scheme. Under this scheme, Indian companies will be allowed to partner with a foreign vendor in making these aircraft. Global aircraft manufacturers including Boeing, Lockheed Martin, Saab, MIG, Irkut Corporation, Dassault Aviation are expected to participate in tender process.