Taking a cue from Prime Minister Narendra Modi’s Independence Day “Make in India” mantra, the Defence Acquisition Council (DAC) chaired by defence minister Arun Jaitley on Friday scrapped the tender for 197 light utility helicopters (LUH) for the Indian Air Force and the aviation arm of the Indian Army. Instead, it opened it under the “Buy and Make Indian” category, opening it for the Indian defence industry.This means the Indian industry will now be able to make this aircraft under a joint venture with a foreign original equipment manufacturer under a transfer of technology deal. The approximately Rs 6,000-crore deal for 197 helicopters is the second after the government opened the programme for 56 transport aircraft to the Indian private sector at the DAC meeting last month.

Source - http://www.financialexpress.com