India had signed a contract with Airbus in 2021 to buy 56 C-295 transport aircraft, of which 16 were to be directly sent from Spain while 40 had to be manufactured in India at the Tata facility in Vadodara.
Official sources on Sunday informed that the plant is set to get orders for 12 more of the 15 aircraft that are going to be used by the Indian Navy and Indian Coast Guard for surveillance requirements.
The Defence Acquisition Council has cleared a proposal to buy 15 C-295 planes, of which three will come in fly-away condition from Spain.
This story is from the October 28, 2024 edition of The Business Guardian.
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This story is from the October 28, 2024 edition of The Business Guardian.
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