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Defence Ministry Sign Historic INR 20,000 Crore Deal With AirBus-Tata For Transport Aircraft
AirBus-Tata Deal : Defense Ministry on Friday signed an agreement with Spain’s Airbus Defense and Space for a deal worth Rs 20,000 crore. Under this agreement, the Avro-748 aircraft of the Indian Air Force will be replaced with 56 C-295 medium transport aircraft. This long-pending purchase was approved by the Cabinet Committee on Defense two weeks ago. Ratan Tata, Honorary Chairman, Tata Sons, said that the approval of the joint project between Airbus Defense and Tata Advanced Systems to build the C-295 is a major step towards opening up possibilities for aviation and avionics projects in India. Is. Under this
Tata-Airbus Combine To Make 56 C295MW transport aircraft for IAF
Cabinet Committee on Security (CCS) has approved the purchase of new military transport aircraft. This aircraft will be jointly made in India by Tata and Airbus. This is the first time that a contract related to military aviation has been awarded to a private company in the country. This is expected to create more than 6,000 jobs in the country in the coming years. Along with this, state-of-the-art technology of aviation will come in the country. It is believed that this deal will be more than Rs 15,000 crore. Work is going on in the country since 2012 in the
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