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F-16 to be Made in India

In a major boost to the  Make in India  initiative in the defence sector, Tata Advanced Systems Limited (TASL) and Lockheed Martin of United States have decided to jointly manufacture F-16 fighter jets in the country.

The agreement between the two major gains significance as Indian Air Force (IAF) is planning to kick start the process of replacing its ageing MIGs. The IAF is looking to initiate the selection for new single engine aircraft through Defence Procurement Procedure s Strategic Partnership model.

Under the model, four defence segments like submarines, helicopters,single-engine fighter aircraft and armoured carriers/main battle tanks are specifically opened up for private players to manufacture.

Along with Lockheed s F-16 Block 70 aircraft,Gripen of Swedish company SAAB is also vying for IAF s deal.

The deal would be for purchase of 100 aircrafts and will be worth Rs. 60,000 crore.

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