India invests ₹65,400 cr in fighter jet engine development
pre-market1 source ↓written by the desknot a recommendation
- to develop fighter
- ₹65,400 crore
- jet engines
- 2035
- for advanced models
- 1,100 engines
India is set to invest ₹65,400 crore to develop fighter jet engines by 2035, aiming for self-reliance in aircraft propulsion. This initiative will support the production of around 1,100 engines for advanced models like Tejas Mk2 and AMCA, reducing import dependence.
This significant investment may boost the aerospace sector and enhance defense capabilities, potentially attracting investor interest in related industries.
Not investment advice. For informational purposes only.