India’s $7 Billion Tejas Fighter Jet Deal with HAL

Illustration for: India Secures $7.03B Tejas Jet Deal with HAL

India has signed a 623.70 billion rupees ($7.03 billion) deal with state-run Hindustan Aeronautics Ltd (HAL) for Tejas Mk-1A fighter aircraft for the Indian Air Force (IAF), the defense ministry said in a statement on X on Thursday.

The order is critical for the IAF, whose fighter jets strength is fast depleting, and comes at a time when New Delhi is seeking to bolster its home-grown defense capabilities in the aftermath of a deadly conflict with old foe Pakistan.

HAL, whose earnings have been pressured by delays in the supply of aircraft, has promised faster deliveries.