The Defence Ministry on Thursday inked a Rs 13,500 crore deal with state-run aerospace major Hindustan Aeronautics Ltd (HAL) to procure 12 Sukhoi jets for the Indian Air Force.
The Russian-origin aircraft will feature 62.6 percent domestic content, it said. These jets are now manufactured by the HAL under an intergovernmental framework.
"In a major boost to the 'Aatmanirbhar Bharat' initiative of the government, a contract for procurement of 12 Su-30MKI aircraft along with associated equipment has been signed between the Ministry of Defence and the Hindustan Aeronautics Ltd today," the defence ministry said.
It said the cost of the procurement will be around Rs 13,500 crore inclusive of taxes and duties.
"The aircraft would have an indigenous content of 62.6 per cent, enhanced due to indigenisation of many components to be manufactured by Indian defence industry," it said.
The jets will be built at HAL’s facility in Nasik, with many components produced by India’s defence industry, the ministry said.
The Su-30MKI is a two-seater, long-range multi-role fighter jet originally developed by Russia’s Sukhoi. The aircraft are now produced under licence by HAL for the IAF.
“The addition of these aircraft will enhance the operational capabilities of the IAF and strengthen the nation’s defence preparedness,” the ministry added.