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The Economic Times
The Economic Times

Tata, Mahindra, HAL in race as govt floats Rs 1 lakh crore IAF tender for 60 aircraft

New Delhi: Looking to replace its ageing fleet of cargo planes, the Defence Ministry today issued a tender worth around Rs one lakh crore for buying 60 multirole transport aircraft for the Indian Air Force.

The tender has been issued to multiple Indian companies, including Hindustan Aeronautics Limited (HAL), Tata, and Mahindra, Defence Officials told ANI, adding that "In the programme, Indian companies would be in the lead role."

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