Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
India Clears the Runway for Indigenous Stealth Fighter
Mint Hyderabad
|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.
This story is from the May 28, 2025 edition of Mint Hyderabad.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Hyderabad
Mint Hyderabad
Global imbalances: They’re back in focus but mustn’t be misread
The West sees China’ trade surpluses as a major problem but rebalancing solutions lie within the realm of domestic policies
3 mins
January 19, 2026
Mint Hyderabad
India is not at an absolute rock bottom valuation: Tata MF CIO
India has reached a point where if emerging markets start getting flows, a possibility due to the uncertain macro environment, India will get its share of foreign institutional flows, said Rahul Singh, chief investment officer - Equities at Tata Mutual Fund.
4 mins
January 19, 2026
Mint Hyderabad
Taxis drive rise in car bookings
Carmakers are looking to launch and double down on vehicles which are specifically catered to the taxi segment
2 mins
January 19, 2026
Mint Hyderabad
Sequoia to join GIC, Coatue in $25 bn Anthropic funding round
Venture capital firm Sequoia is joining Singapore's GIC and U.S. investor Coatue in a funding round for Anthropic which aims to raise $25 billion at a $350 billion valuation, the Financial Times reported on Sunday, citing persons familiar with the matter.
1 min
January 19, 2026
Mint Hyderabad
For farmers, Union budget increasingly a ritual
The year 2026 is a significant one for India's economy.
3 mins
January 19, 2026
Mint Hyderabad
Highway projects worth ₹75,000 cr to go in BOT mode
The government plans to bid out half of the national highway projects planned for FY27 costing ₹75,000 crore under a build-operate-transfer (BOT) toll model involving private road developers after a long break since 2014, said three government officials aware of the new plan said.
1 min
January 19, 2026
Mint Hyderabad
The Tiger Global ruling: A blow to foreign investment in India?
The Supreme Court's ruling creates tax uncertainty that may hit the confidence of foreign investors
4 mins
January 19, 2026
Mint Hyderabad
MEET THE NEW BACKERS OF GREEN TECH
Climate-tech startups are increasingly being funded by patient capital focused on regulation, long-term relevance
4 mins
January 19, 2026
Mint Hyderabad
'Rationalize duty on imported luxury cars'
A rationalization of customs duties on imported luxury cars would help stimulate demand in the premium segment, leading to higher overall tax revenue for the government, according to Mercedes-Benz India managing director (MD) and chief executive office (CEO) Santosh Iyer.
1 min
January 19, 2026
Mint Hyderabad
Tata seeks sops for entry-level EVs
Tata Motors has sought targeted incentives for entry-level electric vehicles (EVs) and support to the electric cars used in the fleet segment under the PM E-DRIVE scheme in the upcoming Union Budget.
1 min
January 19, 2026
Listen
Translate
Change font size