in talks with defence industries, including Bharat Dynamics Ltd, and other private companies.
With both aircraft likely to meet the IAF's performance requirements, the winning bid could be the one that offers the lowest cost and the best industrial proposal.
Under the deal, Lockheed will shift its Fort Worth, Texas plant to India without directly affecting American jobs.
Along with HAL, Boeing intends to involve the Mahindra Group in building Super Hornets in India.
The deal is estimated to be worth Rs 12,000 crore.
Stressing on the 'Make in India' initiative, a Ministry of Defence appointed committee has recommended enhanced private sector involvement by granting manufacturers tax and import concessions.
Top HAL sources say the AMCA, which is being developed as the IAF's next-generation stealth fighter, is slated to be assembled at HAL Nashik.
The Raksha Mantri was unable to address media queries about how much the Modi government was paying for 36 Rafales compared to what the UPA government had negotiated.
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