Rs 28,000-crore IAF order up for grabs

The Ministry of Defence (MoD) today issued a request for proposal (RfP) to eight foreign aerospace vendors, inviting tenders for co-producing 56 medium transport aircraft to replace the Indian Air Force's (IAF's) ageing fleet of Hawker Siddeley 748M Avro aircraft. The deal could be worth about Rs 28,000 crore. The proposal requires the vendor to deliver 16 aircraft in flyaway condition and build 40 in facilities to be established with an Indian partner that it can choose. 

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