MoD tenders ₹1 lakh crore for 60 multirole transport aircraft to modernize IAF's fleet, involving major Indian companies.

The Defence Ministry has issued a tender worth one lakh crore rupees. Sixty multirole transport aircraft will be purchased for the Indian Air Force. Indian companies will lead…

It is reliably learnt that Airbus, which had initially offered its A400M, is likely to sit it out since its aircraft outweighs requirements with payload capacity of 37 tonnes.