<p>New Delhi: Amid growing Chinese muscle flexing in the Indian Ocean region, the Defence Procurement Board has granted an “in-principle” approval to construct a second indigenous aircraft carrier, clearing the decks for a top Defence Ministry panel to decide on the fate of the long awaited project.</p><p>The Defence Acquisition Council, headed by Defence Minister Rajnath Singh, on Thursday is scheduled to chair a meeting in which top officials will not only examine the Indian Navy’s second homegrown aircraft carrier project, but will also take a decision in clearing two IAF proposals of buying 97 Tejas LCA Mark-I from HAL and upgrading 84 Su-30MKI.</p><p>Defence Ministry sources said the DPB recently accorded an in-principle approval to the second indigenous aircraft carrier, to be known as Indian Aircraft Carrier-II. </p><p>This will be similar to INS Vikrant (earlier known as IAC-II), which was commissioned in September by the Prime Minister.</p><p>The Navy has been making a strong push for having the IAC-II with a displacement of 45,000 tonnes. The indigenous aircraft carrier, likely to be made by the Cochin Shipyard Ltd, is estimated to cost close to Rs 40,000 crore with the envisaged specifications.</p><p>The DAC is also likely to consider the Indian Air Force's proposal for procurement of an additional batch of 97 Tejas Mark-1A aircraft at a cost of Rs 1.15 lakh crore. </p><p>A proposal to upgrade 84 Su-30 Mk-1 – the Russian origin combat aircraft that currently constitutes nearly 50 per cent of India’s fighter fleet – will also be on the table.</p>
<p>New Delhi: Amid growing Chinese muscle flexing in the Indian Ocean region, the Defence Procurement Board has granted an “in-principle” approval to construct a second indigenous aircraft carrier, clearing the decks for a top Defence Ministry panel to decide on the fate of the long awaited project.</p><p>The Defence Acquisition Council, headed by Defence Minister Rajnath Singh, on Thursday is scheduled to chair a meeting in which top officials will not only examine the Indian Navy’s second homegrown aircraft carrier project, but will also take a decision in clearing two IAF proposals of buying 97 Tejas LCA Mark-I from HAL and upgrading 84 Su-30MKI.</p><p>Defence Ministry sources said the DPB recently accorded an in-principle approval to the second indigenous aircraft carrier, to be known as Indian Aircraft Carrier-II. </p><p>This will be similar to INS Vikrant (earlier known as IAC-II), which was commissioned in September by the Prime Minister.</p><p>The Navy has been making a strong push for having the IAC-II with a displacement of 45,000 tonnes. The indigenous aircraft carrier, likely to be made by the Cochin Shipyard Ltd, is estimated to cost close to Rs 40,000 crore with the envisaged specifications.</p><p>The DAC is also likely to consider the Indian Air Force's proposal for procurement of an additional batch of 97 Tejas Mark-1A aircraft at a cost of Rs 1.15 lakh crore. </p><p>A proposal to upgrade 84 Su-30 Mk-1 – the Russian origin combat aircraft that currently constitutes nearly 50 per cent of India’s fighter fleet – will also be on the table.</p>