Defence Ministry signed the contract with Airbus Defence and Space. It also signed an Offset Contract with Airbus Defence and Space. These contracts were signed following the approval accorded by the Cabinet Committee on Security earlier this month.
The induction of C-295MW will be a significant step towards modernization of the transport fleet of the Indian Air Force. 56 C-295MW transport aircraft is supported by latest technology which replaces the ageing Avro transport aircraft of IAF. The aircraft will give a major boost to tactical airlift capability of IAF, especially in the Northern and North-Eastern sector and Andaman & Nicobar Islands.
The project will provide a major boost to the Aatmanirbhar Bharat Abhiyan of the Centre that offers a unique opportunity for the Indian private sector to enter into technology intensive and highly aviation industry. Out of 56, forty aircraft will be manufactured in India by TATA Consortium. All the deliveries will be completed within ten years of signing of the contract. All 56 aircraft will be installed with indigenous Electronic Warfare Suite. The project will give a boost to the aerospace ecosystem in India wherein several MSMEs of the country will be involved in manufacturing parts of the aircraft. The programme will also involve development of specialized infrastructure in the form of hangars, buildings, aprons and taxiways.
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