India Invites Initial Proposals From Three Consortiums For Fifth-Generation Fighter Jet Programme

Written by: Team Angel OneUpdated on: 28 May 2026, 4:26 pm IST
India has sought preliminary proposals from three shortlisted private-sector consortiums for the local development and manufacturing of fifth-generation stealth fighter aircraft.
India Invites Initial Proposals From Three Consortiums
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

India has moved ahead in its ambitious fifth-generation fighter jet programme by seeking initial proposals from three shortlisted private-sector defence consortiums. The development marks another step in the country’s efforts to strengthen domestic defence manufacturing capabilities and modernise the Indian Air Force’s combat fleet. 

The programme forms part of India’s broader push towards self-reliance in defence production under the government’s domestic manufacturing initiative. 

Three Consortiums Shortlisted For Fighter Aircraft Programme 

According to reports, the shortlisted bidders include Tata Advanced Systems, a consortium comprising Larsen & Toubro and Bharat Electronics, and another consortium involving Bharat Forge and BEML. 

The selected companies are expected to participate in the development and manufacturing process for India’s proposed fifth-generation stealth combat aircraft programme. 

The government had approved the project last year and subsequently invited expressions of interest from domestic defence manufacturers. 

Programme Aims To Strengthen Air Force Capabilities 

The stealth fighter aircraft initiative is considered strategically important for the Indian Air Force, which has been facing a decline in squadron strength over recent years. 

India’s operational fighter squadron count has reportedly fallen below 30 squadrons against the sanctioned strength of 42 squadrons. The new programme is expected to support long-term modernisation and strengthen indigenous defence capabilities amid evolving regional security challenges. 

The initiative also aligns with the government’s objective of reducing dependence on imported military equipment and building advanced defence technologies within the country. 

India Focuses On Domestic Defence Manufacturing 

India has historically relied heavily on imports for military hardware and defence systems. However, the government has increasingly focused on expanding local manufacturing capabilities across aerospace and defence sectors. 

The country’s defence production reportedly reached a record value of ₹1.54 trillion during the financial year ended March 2025, reflecting rising domestic manufacturing activity and higher participation from private-sector companies. 

Conclusion 

India’s move to seek proposals from shortlisted domestic consortiums marks a significant step in the development of its fifth-generation fighter jet programme. The initiative is expected to support defence self-reliance goals while strengthening the country’s long-term aerospace and military manufacturing capabilities. 

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: May 28, 2026, 10:56 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers