Tata, Mahindra, HAL in race as govt floats Rs 1 lakh crore IAF tender for 60 aircraft
- Posted on August 12, 2026
- By Business News Today
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Tata, Mahindra, HAL in race as govt floats Rs 1 lakh crore IAF tender for 60 aircraft
The Defence Ministry has issued a tender worth one lakh crore rupees. Sixty multirole transport aircraft will be purchased for the Indian Air Force. Indian companies will lead the program, with joint ventures manufacturing the planes. Around twenty percent of aircraft will arrive in fly-away condition. The remaining planes will be manufactured in India with significant indigenous content.
