Versuchen GOLD - Frei
India Clears the Runway for Indigenous Stealth Fighter
Mint Chennai
|May 28, 2025
The execution model will offer equal opportunities to both public and private firms
India on Tuesday unveiled its long-awaited plan to fast-track the development of an indigenous fifth-generation stealth fighter, or the advanced medium combat aircraft (AMCA), announcing that the execution model will be competitive and provide equal opportunities to public and private sector firms to participate in one of the country's most significant military projects.
The approval of the industry partnership model by defence minister Rajnath Singh comes at a critical moment as state-run plane maker Hindustan Aeronautics Limited (HAL)—the sole manufacturer of fighter jets in the country—was so far believed to be the front-runner for the prestigious project.
Singh's approval comes weeks after the May 7-10 military confrontation with Pakistan under Operation Sindoor—India's muscular military response to the Pahalgam terror strike. The four-day clash put the spotlight on the Indian Air Force's deep strike capabilities and the role of locally produced weapons and systems.
Diese Geschichte stammt aus der May 28, 2025-Ausgabe von Mint Chennai.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Chennai
Mint Chennai
Has Street already priced in AU's universal banking leap?
AU's universal banking transition should help sustain growth and reduce costs.
1 mins
March 11, 2026
Mint Chennai
IndiGo CEO Elbers resigns just months after Dec chaos
Founder and managing director Rahul Bhatia has stepped in as the airline's interim chief
3 mins
March 11, 2026
Mint Chennai
India must leverage its data for access to top AI models
Apple is premium but needs a sales boost amid a shortage of chips
3 mins
March 11, 2026
Mint Chennai
Feb e-way bill numbers show robust economic activity
The extra spending is led largely by higher food and fertilizer subsidies, among other things
1 min
March 11, 2026
Mint Chennai
Meta ups ad fees to cover digital taxes
The company emailed advertisers to inform them of new “location fees.” These will apply to digital ads delivered in particular countries, even if the advertiser isn’t based there.
1 min
March 11, 2026
Mint Chennai
SpaceX weighs Nasdaq listing
Elon Musk's rocket and satellite maker SpaceX is leaning toward listing its shares on the Nasdaq for what could rank as the biggest initial public offering (IPO) of all time, according to four people familiar with the company's thinking.
1 min
March 11, 2026
Mint Chennai
Refiners raise gas output, tie up supply
West Asian supply disruptions and rising global prices prompt domestic producers to boost output and secure feedstock
3 mins
March 11, 2026
Mint Chennai
What's inside your chocolate, cocoa butter or vegetable fat?
The regulator is planning stricter labelling rules to make it clear which chocolate product is made with cocoa butter.
2 mins
March 11, 2026
Mint Chennai
Mint poll indicates rise in Feb inflation
Retail inflation under the new series may have risen from 2.8% in January to 3.1% in February.
1 mins
March 11, 2026
Mint Chennai
Cabinet clears final IBC amendments
The Union cabinet on Tuesday approved the final amendments to the Insolvency and Bankruptcy Code (IBC), for which legislation will be moved in the Parliament in the ongoing session, two persons familiar with the development said.
2 mins
March 11, 2026
Listen
Translate
Change font size
