India Boosts Defence and Semiconductor Capabilities with Major Approvals

The Indian Cabinet Committee on Security has approved the purchase of 240 aero-engines for the IAF’s Su-30 MKI aircraft from HAL. Separately, the Union Cabinet cleared Kaynes Semicon Pvt Ltd's proposal to establish a semiconductor unit in Sanand, Gujarat, with an investment of Rs 3,300 crore.


Devdiscourse News Desk | Updated: 02-09-2024 21:23 IST | Created: 02-09-2024 21:23 IST
India Boosts Defence and Semiconductor Capabilities with Major Approvals
Representative Image.. Image Credit: ANI
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The Indian government's Cabinet Committee on Security has given the green light for the acquisition of 240 AL-31FP aero-engines for the Indian Air Force's Su-30 MKI aircraft. These will be procured under the Buy (Indian) category from Hindustan Aeronautics Limited (HAL) at an estimated cost of Rs 26,000 crore. According to a Defence Ministry release, deliveries will begin in a year and will be completed over eight years.

With over 54 percent indigenous content, boosted by the indigenization of crucial components, these engines will be manufactured at HAL's Koraput division. The Su-30 MKI is a vital component of the IAF's fleet, and HAL's supply will ensure sustained operations and bolster the country's defense readiness.

Additionally, the Union Cabinet chaired by Prime Minister Narendra Modi approved Kaynes Semicon Pvt Ltd's plan to set up a semiconductor unit in Sanand, Gujarat. Official sources indicate that the project will involve an investment of Rs 3,300 crore, creating a facility capable of producing 60 lakh chips per day. These chips will serve sectors such as industrial, automotive, electric vehicles, consumer electronics, telecom, and mobile phones.

(With inputs from agencies.)

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