up to 400 a/c purchase on cards, IAF to spend $40 billion in 12th plan

Discussion in 'Defence & Strategic Issues' started by JAISWAL, Feb 5, 2013.


    JAISWAL Senior Member Senior Member

    Mar 13, 2010
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    With up to 400 aircraft purchase on cards, IAF to spend $ 40 billion in 12th plan - Indian Express
    The Indian Air Force which is on the verge of re-
    inventing itself into a multi-spectrum strategic
    force will be spending around $40 billion to
    procure 350-400 new aircraft during the 12th
    The IAF had signed as many as 325 capital
    contracts worth $28.5 billon in the 11th plan.
    Interestingly enough, $15.5 billion of this amount
    benefited Indian defence companies and signing
    of as many as 417 contracts with world majors
    to fulfill the offset clauses.
    The most vital capability enhancement is perhaps
    the IAF's modernisation of its fighter fleet, which
    has caused some concern in recent years due to
    the shrinking number of combat squadrons.
    The air chief NAK Browne while stressing that the
    defence aerospace sector can be lucrative for the
    private industry, invited the industry to assume a
    greater role in the defence production, especially
    in the aerospace sector.
    "To propel the IAF forward, we have to stop
    importing and do more indigenous development
    and production of equipment and aircraft and we
    need the Indian industry's support for this," he
    He said there had been a 'focus shift' in the Indian
    defence thinking and the force wanted to provide
    a level playing field for both public and private
    industries in defence aerospace space.
    ''Most of the players in the defence manufacturing
    sector are in the tier-II and tier-III stages of
    production capacities and at least some of them
    have to graduate to tier I stage to take up
    manufacturing of high end defence products,'' he said.
    sesha_maruthi27 likes this.

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