Arab Today, arab today india awards airbus 19bn military plane order
Last Updated : GMT 07:53:53
Arab Today, arab today
Arab Today, arab today

Modi moves to modernise the country

India awards Airbus $1.9bn military plane order

Arab Today, arab today

Arab Today, arab today India awards Airbus $1.9bn military plane order

Indian Prime Minister Narendra Modi
New Delhi - Arab Today

India's defence ministry has agreed to buy 56 planes from Airbus for $1.87 billion, as Prime Minister Narendra Modi moves to modernise the country's military, an official said Thursday.

The ministry's defence acquisition council, which approves big ticket orders, agreed Airbus and India's Tata Advanced Systems would jointly build military transport aircraft to replace an ageing fleet.

The deal for the C295s worth 119.30 billion rupees ($1.87 billion) was agreed late Wednesday by the council along with other orders worth $875 million, the defence ministry official told AFP.

"The council has approved a joint bid by European giant Airbus Defence and Space and Tata Advanced Systems to supply the Airbus C295s," the official said on condition of anonymity.

India is in the middle of a major upgrade of its Soviet-era military, partly to keep up with neighbouring rival Pakistan and big-spending China.

Since coming to power one year ago, Modi's government has approved a string of military projects that had stalled under the previous left-leaning Congress government, in part over corruption scandals.

Modi, a hardline nationalist premier, wants to end India's status as the world's number one defence importer and to have 70 percent of hardware manufactured domestically by the turn of the decade.

His government lifted the cap of foreign investment in defence to 49 percent last year.

The council last year deferred approval of the project for Airbus, which was the sole bidder.

Under the project proposal, Airbus would build 16 twin-turboprop aircraft in "fly-away condition", while Tata would assemble the remaining 40 in the southern Indian city of Hyderabad in a technology transfer.

Other orders approved include 145 BAE Systems ultra-light artillery howitzers, Indo-Russian BrahMos cruise missiles for six warships and 197 Russian Kamov helicopters, the official said.

The council, chaired by Defence Minister Manohar Parrikar, also set up a committee to work out the details for the already agreed purchase of 36 Rafale fighter jets from France.

During a visit to France last month, Modi announced India would buy 36 Rafale planes in a deal estimated to be worth five billion euros ($5.5 billion) following tortuous years-long negotiations.

But the purchase agreement fell a long way short of previous proposals for India to buy 126 of the jets made by French firm Dassault. Frustrating negotiations for that deal stalled over costs and assembly guarantees.
Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today india awards airbus 19bn military plane order Arab Today, arab today india awards airbus 19bn military plane order

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today india awards airbus 19bn military plane order Arab Today, arab today india awards airbus 19bn military plane order

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday