Buy (Indian) category

Current Context : The Cabinet Committee on Security approved the proposal for the procurement of 240 aero-engines for Su-30MKI aircraft of the Indian Air Force (IAF) under the ‘Buy (Indian)‘ category

• It will be procured from Hindustan Aeronautics Limited (HAL) at a cost of over ₹26,000 crore.

ABOUT BUY (INDIAN) CATEGORY

• Under the Defence Acquisition Procedure 2020, it refers to the acquisition of products from an Indian vendor in which products that have been indigenously designed, developed and manufactured with a minimum of 50% Indigenous Content (IC) on cost basis of the total contract value,
• Or products, which may not have been designed and developed indigenously, having 60% IC on cost basis of the total contract value.