1. Deal to be signed for 2 batches of 20 each of LCA by IAF. (at the cost of 22.8M$ each).
http://timesofindia.indiatimes.com/a...40,curpg-2.cms
2. Tender for !26 aircrafts from Mig29M2 .M2k-V ,F16,Gripen.
3. MKI's in production queue.
4. Brahmos version for MKI to be tested soon.
5. Proposal for increasing defence budget by 40% .
India surely is calling for a complete ramp up of its forces.