The Indian Air Force (IAF) is likely to add to its fleet, a multi-role fourth-generation fighter aircraft Tejas, news website dnaindia.com reported here Monday.
Negotiations are in the final stages between the IAF and India's Hindustan Aeronautics Limited (HAL) for production of 20 indigenous aircraft.
Tejas was earlier called the Light Combat Aircraft (LCA).
It is reported that the contract contains a commitment from HAL to start the delivery in 2008.
Tejas is one of the cheapest fourth-generation fighter aircraft around. A comparable fighter like the Russian MiG-29, French Mirage 2000 or American F-16 can cost twice as much.
It is reported that Chile, Malaysia and Thailand have expressed interest in the fighter aircraft.
The IAF had recently placed an order for 80 indigenously produced Advanced Light Helicopters (ALH).