India Signs 13,500 Crore Defence Contract with HAL for 12 Su-30MKL Aircraft
The Defence Ministry recently finalised a contract valued at 13,500 crore rupees with Hindustan Aeronautics Limited (HAL), which involves the procurement of 12 Su-30MKL aircraft, along with essential equipment. The acquisition aims to enhance the operational capabilities of the Indian Air Force and strengthen national defence.
Contract Details
The contract is worth 13,500 crore rupees and includes the purchase of 12 Su-30MKL aircraft. The deal encompasses all necessary equipment for the aircraft.
The new aircraft will improve the Indian Air Force’s operational capabilities. They will enhance the Air Force’s ability to perform various tasks effectively. This acquisition is crucial for strengthening the country’s overall defence readiness.
Indigenous Manufacturing
The Ministry emphasised that 62.6% of the aircraft’s components will be produced domestically. This includes critical parts and systems designed and manufactured in India. Such a high level of indigenous content supports the country’s defence industry. The initiative aims to reduce dependence on foreign suppliers. By boosting domestic production, India is taking substantial steps towards self-reliance in defence technology. This move aligns with the broader goal of enhancing national security through indigenous capabilities.
Economic Impact
The contract is expected to stimulate the Indian economy, will create job opportunities in the defence manufacturing sector. Increased local production will also promote technological advancements within the country. The successful integration of these aircraft will likely lead to further advancements in defence procurement. The initiative sets a precedent for future contracts focused on indigenous production. This strategy may pave the way for more collaborations within the defence sector.
GKToday Facts for Exams:
- HAL: Hindustan Aeronautics Limited is a state-owned aerospace and defence company in India. It plays important role in manufacturing military aircraft and helicopters.
- Su-30MKL: The Su-30MKL is a variant of the Su-30 fighter aircraft, customised for the Indian Air Force. It enhances multi-role capabilities and is vital for air superiority.
- Indigenous Content: Indigenous content refers to the percentage of components produced domestically. The 62.6% indigenous content in this contract signifies a major boost for India’s defence self-reliance.
Month: Current Affairs - December, 2024
Category: Defence Current Affairs