Make in India: Tata, Airbus sign Rs 20,000 crore deal for military aircraft

In a boost to expand the aerospace ecosystem in India, Tata Group in partnership with Airbus will deliver 56 C-295 military aircraft to the Indian Air Force.

The Ministry of Defence on Friday announced that it has signed a Rs 22,000-crore contract with Airbus for 56 C-295 medium transport aircraft for the Indian Air Force.

The C-295s will replace the IAF’s fleet of ageing Avro-748 planes.

Airbus Defence and Space and Tata Advanced Systems Limited (TASL) will jointly execute the project to equip the air force with the new transport aircraft under the ‘Make in India’ initiative in the aerospace sector.