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HomeNewsIndiaGovt approves purchase of MiG-29 and Su-30 MKI fighter jets, missile systems, weapons worth Rs 38,900 crore

Govt approves purchase of MiG-29 and Su-30 MKI fighter jets, missile systems, weapons worth Rs 38,900 crore

The decisions were taken at a meeting of the Defence Acquisition Council (DAC) chaired by Defence Minister Rajnath Singh.

July 02, 2020 / 17:07 IST
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In the midst of India's tense border standoff with China, the defence ministry on Thursday approved procurement of a number of frontline fighter jets, missile systems and other platforms at a cost of Rs 38,900 crore to bolster the combat capability of the armed forces, officials said. They said 21 MiG-29 fighter jets are being bought from Russia while 12 Su-30 MKI aircraft will be procured from Russia. The ministry has also approved a separate proposal to upgrade existing 59 MiG-29 aircraft.

The decisions were taken at a meeting of the Defence Acquisition Council (DAC) chaired by Defence Minister Rajnath Singh.

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The procurement of 21 MiG-29 and upgrading of the existing fleet of MiG-29 are estimated to cost the government Rs 7,418 crore while purchase of 12 new Su-30 MKI from the Hindustan Aeronautics Ltd will be made at a cost of Rs 10,730 crore, the officials said.

The DAC also approved procurement of long range land attack cruise missile systems with a range of 1,000 KM and Astra Missiles for Navy and Air Force.