Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Monday, April 23, 2018 07:28:32 PM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

World’s largest deal

India to procure 110 new fighter jets worth $15b

photo by

A Saab Gripen fighter jet flies during the Aero India show at Yelahanka Air Force Station in Bengaluru, India

By
08th-Apr-2018       
Comments
Share your thought
Post a comment »
Read all () »

Reuters, New Delhi :
India is seeking to buy around 110 fighter jets, the air force said in a request for information issued on Friday, marking the first step toward a long-delayed deal expected to cost Rs. 1,00,000 crores or about $15 billion, will be world's largest for fighter jets.
Boeing, Lockheed Martin, Saab and Dassault Aviation are among the manufacturers expected to compete.
The aircraft must be built largely in India as part of Prime Minister Narendra Modi's drive to build a domestic industrial base.
The air force said in a notice that "85 percent will have to be made in India by a Strategic Partner/Indian Production Agency".
Lockheed has offered to move its F-16 production line in Fort Worth, Texas, to India and make it the only plant worldwide to produce the F-16 for not only India but also other countries, said Vivek Lall, vice president, strategy and business development at Lockheed Martin.
Lockheed has teamed with India's Tata Advanced Systems to build the planes locally while Sweden's Saab has entered into a partnership with the Adani Group, a resources conglomerate. The other contenders have not announced their local partners.
The tender will be open for makers of both single engine and twin-engined combat jets, in a widening of the field. The Eurofighter Typhoon and Russian aircraft are also potential contenders under the new requirements. A spokesman for Dassault Aviation which makes the twin-engine Rafale declined to comment.
Earlier, the defence ministry had sought expressions of interest from single-engine manufacturers which effectively restricted the contest to Lockheed's F-16 and Saab's Gripen fighter jets.
But in February the government asked the air force to open up the competition to twin-engined aircraft, in the latest flip-flop in policy that has delayed the acquisition process for years and left the air force short of hundreds of planes.
India began its search for new planes for the Indian air force in 2003 to replace its Soviet-era MiG fighters.
The request for information is open until July, the air force said. A request for proposal will then be issued followed by bid evaluations and contract negotiations.
The process could take years, officials say.

Tariff
Add Rate

News Archive

Inside The New Nation

Editorial »

Govt must answer what happened to the force disappearances


MEMBERS of around 80 families joined a programme under the banner of "Mayer Daak", a platform of disappearance victims' family members, from across the country on April 21st, as per report of a local daily. Speaking at the event, supported by rights activists, family members slammed the state for denying ...

Entertainment »

Alia Bhatt spies on movie goers


Raazi trailer was launched recently. Last week, in partnership with FB & PVR, Alia spied on theatre audiences watching the trailer on the theatre screen and appeared on a two-way facebook LIVE in front of them and interacted with the audience as they could both see each other. This was ...

Football »

Neymar to be at peak of powers at World Cup: Ronaldinho


Xinhua, Rio De Janeiro :Brazil legend Ronaldinho has backed compatriot Neymar to make a full recovery from foot surgery in time for the World Cup in Russia.Neymar has been sidelined since suffering a cracked fifth metatarsal in his right foot while playing for Paris Saint-Germain in late February.He underwent surgery ...

International »

Iran threatens to `vigorously` resume enrichment if US quits deal


AFP, New York : Iran warned Saturday it is ready to "vigorously" resume nuclear enrichment if the United States ditches the 2015 nuclear deal, and said further "drastic measures" are being considered in response to a US exit.Iranian Foreign Minister Mohammad Javad Zarif told reporters in New York that Iran ...

Football »

Chanathip Songkrasin (left) of Consadole Sapporo and Kazuki Nagasawa (right) of Urawa Reds fight for the ball during their J1 League match at Saitama Stadium in Saitama, north of Tokyo on Saturday.


Sports »

Kvitova, Pliskova give Czechs 2-0 lead over Germany


AFP, Stuttgart :Victories by Petra Kvitova and Karolina Pliskova gave the Czech Republic a commanding 2-0 lead over hosts Germany in their Fed Cup semi-final on Saturday. Two-time Wimbledon champion Kvitova needed just over an hour for an emphatic 6-3, 6-2 win over Julia Goerges at the Porsche Arena in ...

Entertainment »

Salman, Katrina all set to leave for tour to USA in June


Salman Khan is one of Bollywood's biggest superstars and over the years he has made a brand out of himself. Everything from his dance moves, clothes, accessories to his attitude and body language is a rage among his fans. Salman was recently proven guilty in the 1998 Blackbuck poaching case. ...

Entertainment »

Shahid to shoot for Batti Gul Meter Chalu


Shree Narayan Singh's Batti Gul Meter Chalu is a social drama that depicts the contradiction between long hours of power cuts and the ironically high electricity bills that dig a hole in the common man's pocket. It narrates the story of a man's fight against power distribution companies. Shahid Kapoor ...

City »

BNP Secretary General Mirza Fakhrul Islam Alamgir speaking at a press conference at the party central office in the city's Nayapalton on Saturday with call to admit party Chairperson Begum Khaleda Zia in the city's United Hospital for her proper treatment.


Editorial »

Enforce counter-trafficking law


NONE of over 3,500 cases filed under the counter-trafficking law across the country has disposed of since the formulation of the act. It has left the victims and their families in utter frustration. They are also deprived of getting remedy and compensations. Whereas the perpetrators are threatening them to withdraw ...

International »

Thousands of students to walkout across US in call for gun reform


Reuters, Colorado : Thousands of students again walked out of classes across the United States on Friday, marking the 19th anniversary of the massacre at Columbine High School with a show of unity aimed at pressuring politicians to enact tighter gun restrictions.Students from more than 2,600 schools and institutions planned to ...

Editorial »

No law can restrict freedom of speech


EDITORS' COUNCIL, an organisation of editors of the country's national dailies, has recently expressed grave concern over Section 21, 25, 28, 31, 32, and 43 of the Proposed Digital Security Act. It said the sections would greatly obstruct freedom of speech and independent journalism. However, responding to the concern the ...

Football »

Manchester United`s Paul Pogba (second right) and Bournemouth's Steve Cook battle for the ball, during the English Premier League soccer match between Bournemouth and Manchester United, at the Vitality Stadium in Bournemouth, England on Wednesday.


.

City »

General Secretary of Bangladesh Sarak Paribahan Sramik Federation Osman Ali, among others, at a rally of labourers in Swadhinata auditorium of DRU on Friday demanding implementation of five thousand CNG registration allocated for drivers.


.

Entertainment »

Anny pairs up with Zahid Hasan for first time


Entertainment Report :Popular actress and model of present time Anny Khan for the first time paired up with National Film Award winner actor and director Zahid Hasan in a drama serial.Zahid Hasan is acting in the title role in the serial. Viewers will watch a new role Zara in the ...

 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news