Rajnath approves execution of new fighter jet programme
The initial development cost of the project has been estimated at around Rs 15,000 crore.
PTI

New Delhi, 27 May
Defence Minister
Rajnath Singh has approved the "execution model" to implement a mega
project to indigenously develop a fifth generation deep penetration advanced
medium combat aircraft for the Indian Air force
India has been
working on the ambitious AMCA project to develop the medium weight deep
penetration fighter jet with advanced stealth features to bolster its air power
capability.
The defence ministry
said on Tuesday that Singh has approved the "Advanced Medium Combat
Aircraft (AMCA) Programme Execution Model."
"In a
significant push towards enhancing India's indigenous defence capabilities and
fostering a robust domestic aerospace industrial ecosystem, Defence Minister
Rajnath Singh has approved the Advanced Medium Combat Aircraft (AMCA) Programme
Execution Model," it said.
The Aeronautical
Development Agency (ADA) is set to execute the programme through Industry
partnership.
The defence ministry
said the "Execution Model" approach provides equal opportunities to
both private and public sectors on competitive basis.
"They can bid
either independently or as joint venture or as consortia. The entity/bidder
should be an Indian company compliant with the laws and regulations of the
country," it said in a statement.
"This is an
important step towards harnessing the indigenous expertise, capability and
capacity to develop the AMCA prototype, which will be a major milestone towards
Aatmanirbharta (self-reliance) in the aerospace sector," it said.
The cabinet committee on security led by Prime Minister Narendra Modi had given in-principle approval
to the fighter jet programme last year.
The initial
development cost of the project has been estimated at around Rs 15,000 crore.
The IAF has been
pushing for the AMCA project in view of its long-term requirement.
India's confidence in
the development of the AMCA saw a significant jump after the development of the
Light Combat Aircraft (LCA) Tejas.
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