Defence

'Bold Step': Tata, Airbus Sign Rs 20,000 Cr Deal To Manufacture Military Aircraft

The Defence Ministry inked a nearly ₹20,000 crore contract with Airbus Defence and Space of Spain to procure 56 C-295 medium transport aircraft which will replace Avro-748 planes of the Indian Air Force.The deal, which was struck on Friday, September 24, is part of a series of measures to promote...