After Tata-Lockheed, Swedish Manufacturer Saab-Adani May Partner To Bag IAF Project

न्यूज़ वर्ल्ड इंडिया | 0
| August 31 , 2017 , 14:21 IST

As the Indian Air Force (IAF) gears up to give out the contract to make hundreds of single-engine fighter jets, a leading media outlet reports that the Swedish defence aerospace builder SAAB is going to announce a partnership with Indian manufacturer Adani group on Friday, in order to bag the project.

The move comes months after the US defence major Lockheed Martin signed an agreement with leading Indian industry Tata to jointly build the fighters in India.

Notably, none of the defence manufacturers know who is going to get the project as the air force is still considering their options. One thing that is for certain though is that the project will only be given to an Indian manufacturer under the government's make in India scheme.

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Not to mention, SAAB's President and Chief Executive Harkan Buskhe is flying into the national capital to formally make the announcement along with Adani chief. Earlier Ratan Tata had also attended the TATA-Lockheed agreement signing in Paris.

The manufacturers are already ahead of the IAF as the defence department has not even initiated procurement for the project. The IAF has only sent a one-page letter to foreign aerospace vendors asking them whether they are interested in building the fighter jets in India.

The government is handing out a project to make 100 to 200 single engine fighters in India for the IAF. The defence ministry’s “strategic partner" (SP) policy will govern the project which requires the ministry to prepare lists of foreign and Indian manufacturers who are capable of making these fighters aircraft for the air force.

The companies will then partner to make the aircrafts.