Amid stand off with China, India to buy fighters, acquire more missiles systems

July 2, 2020
New Delhi: Amid the tension on the lAC following the killing of 20 of its soldiers,  India ia now hastening to buy 21 MiG-29 fighter aircraft, along with upgradation of 59 Mig-29s, and 12 more Su-30 MKI aircraft.

The Armed Forces will also go for acquisition of new and additional missile systemsto add to the fire power of three services.

Defence Minister Rajnath Singh on Thursday approved a proposal for procurement of 21 MiG-29 fighter aircraft, along with upgradation of 59 Mig-29s, and 12 more Su-30 MKI aircraft.

The clearance came at the Defence Acquisition Council meeting, chaired by Singh. Approvals were for capital acquisitions of various platforms and equipment required by the three services.

“Proposals for an approximate cost of Rs 38,900 crore were approved,” a Defence Ministry statement said.

With the aim of self-relaint India in view, these approvals include acquisitions from Indian industry of Rs 31,130 crore. The equipment are going to be manufactured in India involving Indian defence industry with participation of several MSMEs as prime tier vendors.

The indigenous content in some of these projects is up to 80 per cent of the project cost. A large number of these projects have been made possible due to Transfer of Technology (ToT) by Defence Research and Development Organisation (DRDO) to the indigenous industry.

These include Pinaka ammunitions, BMP armament upgrades and software defined radios for the Indian Army, Long Range Land Attack Cruise Missile Systems and Astra Missiles for the Indian Navy and Indian Air Force (IAF). The cost of these design and development proposals is in the range of Rs 20,400 crore.

While acquisition of Pinaka missile systems will enable raising additional regiments over and above the ones already inducted, addition of Long Range Land Attack Missile Systems having a firing range of 1,000 kilometres to the existing arsenal will bolster the attack capabilities of the Navy and the Air Force.
Similarly induction of Astra Missiles having Beyond Visual Range capability will serve as a force multiplier and immensely add to the strike capability of the Navy and Air Force.

–India News Stream

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