On Thursday, while talking about the controversial Rafale fighter jets, HAL Chairman and MD R Madhavan said that the aircraft manufacturing company will not be interested in the Rafale project anymore
On Thursday, while talking about the controversial Rafale fighter jets, HAL (Hindustan Aeronautics Limited) Chairman and Managing Director (MD) R Madhavan said that the aircraft manufacturing company will not be interested in the Rafale project anymore in the current phase.
"As of now, it is a 36 aircraft direct purchase so it is nothing like manufacturing, so that is the reason we are not much interested. If it is manufacturing then we are interested, we are not interested either in offsets or direct purchase," he added.
Meanwhile, the Supreme Court has agreed to hear a plea seeking the review of its verdict in the Rafale deal.
This comes after advocate Prashant Bhushan asked the SC to hear the petition seeking review of its judgement on the deal.
At the offset, Madhavan said that it has proposed to the Defence Ministry to procure a new squadron of Sukhoi-30 fighter jets.
"We have put up a proposal and we hope to get a new squadron of Sukhois (Sukhoi-30 fighter jets) in the future," the chairman told media at Aero India show in Bengaluru.
This came following media reports that the central government is planning to increase the overhauling capacity of Sukhoi-30 fighter jets to 25 per year from the existing 12 aircraft.
The Bengaluru-based HAL has been manufacturing and overhauling Su-30 fighter aircraft at its Ozar unit in Maharashtra's Nasik district since 2004.
According to reports, HAL has manufactured 260 Su-30 aircraft to date and is expected to manufacture two additional aircraft from the facility by the end of this year.
According to sources, the IAF is planning to procure eight new Sukhoi Su-30MKI from HAL. The total cost of the order is estimated to be more than Rs 30 billion ($421.03m).
The Su-30MKI aircraft is developed by Russia's Sukhoi Aviation and built under licence by HAL in India.
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 "Not interested in Rafale project anymore: HAL Chairman")
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