India plans to invite global bids for 114 fighter jets this year

India plans to seek global bids this year for 114 multi-role fighter jets, a significant move to enhance its air force capabilities. This comes as the Indian Air Force's fleet has decreased to 31 squadrons, well below the approved strength of 42. Potential bidders include major defense companies like Lockheed Martin, Boeing, and Russia's United Aircraft Corporation. Companies are preparing proposals and local partnerships to meet India's requirements for the Multi-Role Fighter Aircraft project. This initiative follows a stalled acquisition process that began in 2007 and was halted in 2015 when India opted for 36 Rafale jets. The MRFA project aims to address the growing air power gap with neighboring countries.