India steps back from foreign companies, will build its own combat aircraftChristian Fernsby ▼ | May 18, 2020
India plans to switch to locally made fighter jets, two years after asking global companies to submit proposals to supply 114 combat aircraft.
Chief of Defence Staff Bipin Rawat
"The Indian Air Force is switching that to the LCA," Rawat said, when asked about the global tender for jets. "The IAF is saying, I would rather take the indigenous fighter, it is good."
The decision is a setback for the likes of Boeing Co, Lockheed Martin Corp and Saab AB who were in the race for the $15 billion order, and another sign that India is abandoning costly foreign defense purchases which have been plagued by bureaucratic delays and a funding crunch. ■