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Government clears deal for 56 Airbus transport planes | Reuters

May 14, 2015    

NEW DELHI India's defence procurement agency has cleared the purchase of 56 transport planes from Europe's Airbus in collaboration with local partner Tata Sons in a deal worth an estimated $1.9 billion, a defence ministry source said on Thursday.The government also approved a Russian proposal to build Kamov light helicopters in India and the purchase of 145 ultra-light howitzers from the United States as part of its efforts to modernise the military.The transport planes are intended to replace the Indian Air Force's ageing fleet of Avro aircraft. Under the bid, Airbus will supply 16 of the C29...

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