HAL bags largest-ever indigenous defence procurement deal, but real test lies in honouring delivery schedule If the company s track record is anything to go by, the speed of the project and not the capacity to manufacture LCA should raise concerns FP Staff January 15, 2021 10:33:32 IST File image of LCA Tejas. Image credits: HAL website/ANI
In a major decision aimed at boosting the domestic aerospace industry, India on Wednesday approved a much-awaited deal with Hindustan Aeronautics Limited (HAL) worth Rs 48,000 crore to procure 83 indigenously-developed Light Combat Aircraft (LCA) Tejas for the Indian Air Force.
The decision to procure the fleet was taken at a meeting of the Cabinet Committee on Security (CCS) chaired by Prime Minister Narendra Modi, Defence Minister Rajnath Singh said.
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