India will develop an advanced version of its indigenous multi-role combat aircraft, bolstering its military manufacturing capability.
The Cabinet Committee on Security on Wednesday cleared a project to develop the Tejas Mark-2, approving an additional 65 billion rupees ($820 million) for prototypes, flight testing and certification.
The government had already approved 25 billion rupees for the project.
The aircraft will have a longer combat range and the capacity to carry more weapons than the existing Tejas Mark-1, the single-engine fighter jet.
While the Tejas Mark-1 jets, developed by the Aeronautical Development Agency and Hindustan Aeronautics, weigh about 13.5 tonnes, the Tejas Mark-2 will be a medium-weight jet weighing about 17.5 tonnes and will be powered by GE-414 engines in the 98 kilonewton thrust class.
The jets will have a missile approach warning system that will release smoke to deflect any rear attack.
-

A marshal guides the Tejas light combat aircraft carrying Indian Defence Minister Rajnath Singh preparing to take off on a sortie at HAL Airport in Bangalore. All photos: AFP -

A French Rafale fighter flies over an Indian Airforce Tejas jet with Bipin Rawat, the 27th chief of army staff of the Indian Army on board in the co-pilot's seat before take-off during the Aero India air show at Yelahanka Air Force base in Bangalore. -

A pair of Tejas during a display on the second day of the Aero India exhibition at Yelahanka Air Force base in Bangalore. -

A Tejas jet carrying Indian Defence Minister Rajnath Singh taxis to the runway at HAL Airport in Bangalore. -

An Indian Air Force Tejas during an Air Force Day parade at an IAF station in Ghaziabad, on the outskirts of New Delhi.
Being a delta-wing category aircraft, it is less likely to crash when attacked. The wings of the Tejas Mark-2 are 30 centimetres bigger than those on the Mark-1
High-speed trials will begin in 2023 and production is scheduled for 2025.
The Indian Air Forces is likely to induct six squadrons of the jets.
The fighter jets are required to bolster the Indian Air Force, which has only 32 fighter squadrons and not the 42 required.
India faces hostile relations with neighbours China and Pakistan.
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Citizenship-by-investment programmes
United Kingdom
The UK offers three programmes for residency. The UK Overseas Business Representative Visa lets you open an overseas branch office of your existing company in the country at no extra investment. For the UK Tier 1 Innovator Visa, you are required to invest £50,000 (Dh238,000) into a business. You can also get a UK Tier 1 Investor Visa if you invest £2 million, £5m or £10m (the higher the investment, the sooner you obtain your permanent residency).
All UK residency visas get approved in 90 to 120 days and are valid for 3 years. After 3 years, the applicant can apply for extension of another 2 years. Once they have lived in the UK for a minimum of 6 months every year, they are eligible to apply for permanent residency (called Indefinite Leave to Remain). After one year of ILR, the applicant can apply for UK passport.
The Caribbean
Depending on the country, the investment amount starts from $100,000 (Dh367,250) and can go up to $400,000 in real estate. From the date of purchase, it will take between four to five months to receive a passport.
Portugal
The investment amount ranges from €350,000 to €500,000 (Dh1.5m to Dh2.16m) in real estate. From the date of purchase, it will take a maximum of six months to receive a Golden Visa. Applicants can apply for permanent residency after five years and Portuguese citizenship after six years.
“Among European countries with residency programmes, Portugal has been the most popular because it offers the most cost-effective programme to eventually acquire citizenship of the European Union without ever residing in Portugal,” states Veronica Cotdemiey of Citizenship Invest.
Greece
The real estate investment threshold to acquire residency for Greece is €250,000, making it the cheapest real estate residency visa scheme in Europe. You can apply for residency in four months and citizenship after seven years.
Spain
The real estate investment threshold to acquire residency for Spain is €500,000. You can apply for permanent residency after five years and citizenship after 10 years. It is not necessary to live in Spain to retain and renew the residency visa permit.
Cyprus
Cyprus offers the quickest route to citizenship of a European country in only six months. An investment of €2m in real estate is required, making it the highest priced programme in Europe.
Malta
The Malta citizenship by investment programme is lengthy and investors are required to contribute sums as donations to the Maltese government. The applicant must either contribute at least €650,000 to the National Development & Social Fund. Spouses and children are required to contribute €25,000; unmarried children between 18 and 25 and dependent parents must contribute €50,000 each.
The second step is to make an investment in property of at least €350,000 or enter a property rental contract for at least €16,000 per annum for five years. The third step is to invest at least €150,000 in bonds or shares approved by the Maltese government to be kept for at least five years.
Candidates must commit to a minimum physical presence in Malta before citizenship is granted. While you get residency in two months, you can apply for citizenship after a year.
Egypt
A one-year residency permit can be bought if you purchase property in Egypt worth $100,000. A three-year residency is available for those who invest $200,000 in property, and five years for those who purchase property worth $400,000.
Source: Citizenship Invest and Aqua Properties


