India launches $11–12 billion competition for 60 medium military transports to replace An-32 fleet
India’s Ministry of Defence has issued an RFP for at least 60 Medium Transport Aircraft, a procurement estimated at roughly ₹1 lakh crore ($11–12 billion). The tender requires 60% local manufacturing through partnerships with foreign firms, drawing expected competition from Embraer, Lockheed Martin and Airbus.