New Delhi: The Indian government has said that it will buy 200 jets from foreign manufacturers, but only if they are manufactured in India, air force officials said on Saturday.
“The immediate shortfall is 200. That would be the minimum we would be looking at,” said an air officer.
The deal could be one of India’s biggest aircraft deals.
Experts have said that the deal could rise to 300 aircrafts, which could be worth between $13 billion to $15 billion.
The Defence Ministry has invited several companies asking them if they are willing to set up a manufacturing assembly line in India, according to a government source.
“We are testing the waters, testing the foreign firms’ willingness to move production here and to find out their expectations,” the person said.