The country was looking at having a fighter aircraft under 'Make in India' initiative which will be a "big ticket project", IAF chief Air Chief Marshal Raha said at a seminar today.
Talking about the opportunities in the aviation sector, especially for domestic companies, he said, "IAF will induct HTT 40 basic trainers in large numbers soon."
Defence sources said the IAF has committed to purchasing at least 70 of these aircraft.
The aircraft, the prototype of which was rolled out in January, is aimed at being used for the first stage training of all flying cadets of the three services.
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IAF had blocked funding for the HTT-40 by telling the Defence Ministry that the aircraft would be "too expensive, heavy and that it will not meet their need".
IAF had backed a Swiss trainer, the Pilatus PC-7 Mark II.
Parrikar had cut this down and cleared a plan to purchase another 38 of Pilatus aircraft. However, the contract is still stuck on pricing issues.
Raha also said maintenance and rehaul facilities of aircraft and its engines is still in infancy in India and it needs to grow. He said the private sector should get into it.
The IAF chief reminded those present at the seminar that there is a lot of opportunities because of the legacy of aircraft that the force operates.
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