Sunday, March 8, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Exports

Exports: Foreign countries have evinced interest in LCAs

Fiinews by Fiinews
August 7, 2022
in Exports
Reading Time: 2 mins read
A A
0
HAL
0
SHARES
11
VIEWS
LinkedinShare on Twitter

HAL has responded twice to RMAF RFI-RFA in 2019-21, says Bhatt

Argentina, Australia, Egypt, the US, Indonesia, the Philippines and Malaysia have evinced interest in Light Combat Aircraft (LCA) while Hindustan Aeronautics Ltd (HAL) has offered LCA Tejas twin seater variant to these countries.

Giving this update to Lok Sabha on 5 Aug 2022, Minister of State for Defence, Ajay Bhatt said HAL had also responded to the Royal Malaysian Air Force (RMAF) twice in 2019 and 2021.

HAL responded to a Request for Information (RFI) received from RMAF in February 2019 for LCA class aircraft, and subsequently responded in October 2021 to Request for Proposal (RFP) issued against tender released by RMAF for 18 Fighter Lead In Trainer – Light Combat Aircraft (FLIT – LCAs).

The Government, he said, has taken several policy initiatives in the past few years.

These initiatives, inter-alia, include:

According priority to procurement of capital items from domestic sources under Defence Acquisition Procedure (DAP)-2020.

The announcement of 18 major defence platforms for industry led design & development in March 2022.

Notification of three ‘Positive Indigenisation Lists’ of total 310 items of Services and two ‘Positive Indigenisation Lists’ of total 2,958 items of the Defence Public Sector Undertakings (DPSUs), for which there would be an embargo on the import beyond the timelines indicated against them.

Simplification of Industrial licensing process with longer validity period.

Liberalisation of Foreign Direct Investment (FDI) policy allowing 74% FDI under automatic route.

Launch of Innovations for Defence Excellence (iDEX) scheme involving start-ups & Micro, Small and Medium Enterprises (MSMEs).

Implementation of Public Procurement (Preference to Make in India) Order 2017.

Launch of an indigenisation portal namely SRIJAN to facilitate indigenisation by Indian Industry including MSMEs.

Reforms in Offset policy with thrust on attracting investment and Transfer of Technology for Defence manufacturing by assigning higher multipliers.

Establishment of two Defence Industrial Corridors, one each in Uttar Pradesh and Tamil Nadu.

Opening up of Defence Research & Development (R&D) for industry, start-ups and academia with 25% of defence R&D budget earmarked to promote development of defence technology in the country; and

Progressive increase in allocation of Defence Budget of military modernisation for procurement from domestic sources among others. fiinews.com

Tags: Ministry of Defence
ShareTweetShare

Related Posts

PIB
Exports

Export: India-Finland to increase trade

by Fiinews
March 7, 2026
0
17

Pilot European Union Legal Gateway Office in India launched Prime Minister Narendra Modi and President of Finland Dr Alexander Stubb...

PIB
Exports

Export: Tokyo discussed Indian supplies potential

by Fiinews
March 6, 2026
0
16

Importance of harnessing full benefits of India-Japan CEPA highlighted Department of Commerce Secretary Rajesh Agrawal has held a series of...

GCC

Export: India-GCC negotiates FTA to boost trade

February 26, 2026
20
Federation of Israeli Chambers of Commerce

Export: India-Israel starts FTA talks in Delhi

February 26, 2026
16
The Indian Pharma Association

Export: India ships pharmaceuticals to 200 markets

February 23, 2026
16
PIB

Export: India-Brazil need stronger engagement

February 23, 2026
15
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Project: Sunsure to power for Korean auto group
  • Manufacture: TDB supports MiniMines project
  • Market: Indians set to get Finnish chocolates
  • Manufacture: SAIL facility surveyed for efficiency
  • Invest: Pramerica Rising Bharat Fund launched

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.