Union Govt. Clears Rs.11,930 Cr Airbus-TATA Consortium Bid Fir Replacing Avro Fleet

14 May, New Delhi
Government has cleared the lone bid of Airbus-TATA consortium for replacing Indian Air Force’s ageing fleet of Avro transport aircraft for Rs 11,930 crore.
Defence sources said, Defence Acquisition Council (DAC), which met in New Delhi Wednesday night, also approved Russia’s offer to build Kamov Ka-226T helicopters under the ‘Make in India’ initiative.
The DAC also cleared the proposal to convert two Boeing 777-300 ER for VVIP travel.

Other major proposals cleared by the DAC, chaired by Defence Minister Manohar Parrikar, include six new Brahmos supersonic cruise missile systems for the Navy worth 2,700 crore rupees and acquisition of 145 M-777 Ultra-Light Howitzers from the US under a government-to-government deal.