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India Clears the Runway for Indigenous Stealth Fighter

Mint Chennai

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May 28, 2025

The execution model will offer equal opportunities to both public and private firms

- Rahul Singh

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.

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Budget may allocate ₹28,000 crore to food processing schemes

The Centre is considering a significant expansion of its flagship food processing schemes, with a proposed allocation of around ₹28,000 crore over the next five years in the upcoming Union budget to boost value addition, reduce post-harvest losses and improve farmers’ incomes through better market linkages, according to two government officials aware of the matter.

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Govt plans to reopen Tiger Global tax case, but treads with caution

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Shark Tank alumni's fame doesn't guarantee success

When a startup walks into Shark Tank India, the cheque is often the smallest part of the prize.

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For a chef who grew up reading cookbooks like stories, leafing through an old favourite provides reassurance and joy

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Shark Tank fame doesn’t guarantee success

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PM urges startups to focus on deep tech

Prime Minister Narendra Modi on Friday called on Indian startups to focus on manufacturing, deep technology and global leadership, saying the next decade of Startup India must position the country at the forefront of innovation.

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1 min

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Mint Chennai

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Sneh Rana's roller-coaster of a year

A season that began with rejection ended with a World Cup and a record contract for Sneh Rana

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Govt ties PLI sops for electric quadricycles to performance

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Sebi proposes FPI netting, KYC reforms

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2 mins

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