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LT
and BEL
have joined hands to participate in the government's Rs 15,000 crore fighter jet manufacturing programme. This marks the first time that a private sector-led consortium has entered the race to develop and manufacture a platform conceived by the Defence Research and Development Organisation (DRDO).
The competition to produce India’s ambitious 5th-generation fighter jet, the Advanced Medium Combat Aircraft (AMCA), has intensified amongst private players. One of them is Adani Defence & Aerospace, which is exploring further tie-ups for participation in this programme, while HAL is also looking to onboard a couple from 28 private players who have shown interest to become part in its consortium.
The deadline for submitting bids for India’s AMCA project’s full-scale engineering development (FSED) was extended to September 30 after no private sector consortiums responded to the EoI initially released on June 18, 2025.#StockInNews#WatchOutFor#FundamentalViews#TrendingSectors#HiddenGems
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