Defence Minister Rajnath Singh has said that India is building a robust defence ecosystem by promoting innovation and technology development and creating a suitable growth environment for domestic companies. He said, the country is marching towards the direction of building Fifth Generation fighter aircraft and manufacturing the aircraft’s engine. He said, engine manufacturing is going to start in the country with the French company Safran.
Speaking during an event in New Delhi today, the Minister said, the government has approved a new order with HAL to manufacture 97 Tejas fighter planes with the cost of 66 thousand crore rupees. He said HAL had earlier been given an order to build 83 aircraft at a cost of 48 thousand crore rupees. Mr. Singh invited all foreign companies and investors to come and invest in the country’s vibrant defence manufacturing ecosystem.
The Minister highlighted that Innovation for Defence Excellence (iDEX) was launched to promote innovation and technology development in the defence sector. He said the government is providing a suitable growth environment to the private sector and the country has opened opportunities for the construction of Mega Defence Programmes, including fighter planes, helicopters, tanks, and submarines. He said it will help domestic private companies become global giants in the coming years.
India about to build Fifth Generation fighter aircraft with domestic engine : Def Min Rajnath Singh
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