Economy
Defence Ministry Floats ₹1 Lakh Crore Tender for 60 Transport Aircraft

Defence Ministry Floats ₹1 Lakh Crore Tender for 60 Transport Aircraft

The Hindu2h
THE BRIEF
1

The Defence Ministry issued a ₹1 lakh crore tender on August 12, 2026, to acquire 60 multirole transport aircraft for the Indian Air Force to replace its ageing cargo fleet.

2

The programme requires Indian companies to partner with global OEMs, with 20% of aircraft arriving in fly-away condition and the remainder manufactured domestically with over 60% indigenous content.

3

Potential offerings include the C-130J Super Hercules from Tata and Lockheed Martin, and the C-390 Millennium from Mahindra Defence and Embraer, aimed at enhancing strategic airlift and aerial refuelling capabilities.