The biggest deal in the indigenous military aviation sector has been finalised, with the overall cost of IAF acquiring 83 single-engine Tejas fighters and their support package from Hindustan Aeronautics Limited being slashed from the earlier around Rs 56,500 crore to Rs 39,000 crore. The over Rs 17,000 crore reduction in cost has come after hard-nosed negotiations.

Source: HAL to supply IAF with 83 Tejas fighter jets in Rs 39,000 crore deal