Bengaluru: India is actively scouting for export potential for the indigenous Light Combat Aircraft (LCA) Tejas at a vanilla price of just Rs 309 crore per aircraft, as countries from Southeast Asia and the Middle East have evinced interest, R. Madhavan, chairman of Hindustan Aeronautics Limited (HAL), said at Aero India being held in Bengaluru.
Responding to a query from ThePrint on the export potential and the costing, Madhavan said while the contract cost for the 83 Tejas fighters is about Rs 48,000 crore, it will come down to around Rs 36,000 crore if one takes away the tax component and escalation in foreign.
