Aerospace – Made in India Costlier

Aircraft Bid: Eight International Manufacturers Respond to HAL
  • What was supposed to be cheaper when made in India is much costlier. What was supposed to be a joint development programme has been reduced to a purchase from abroad.
  • That is among the key findings of internal government audits of major aerospace projects in recent years.
  • In the production year 2014-15 in phase I, when aircraft was directly imported from Russia, the average cost per fighter was Rs. 270.28 crore.
  • In phase IV, when aircraft is manufactured by Hindustan Aeronautics Ltd. (HAL) from raw material, the cost is Rs. 417.85 crores.