India on Wednesday approved a much-awaited deal 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 NarendraModi, Defence Minister Rajnath Singh said.
“The CCS chaired by PM Sh.@narendramodi today approved the largest indigenous defence procurement deal worth about (Rs) 48,000 crores to strengthen IAF’s fleet of homegrown fighter jet ‘LCA-Tejas’. This deal will be a game changer for self reliance in the Indian defence manufacturing,” Singh tweeted.