NEW DELHI (Reuters) – A consortium led by India’s Tata group and Airbus will manufacture the C-295 transport aircraft in the western state of Gujarat, the Indian government said in a statement on Thursday.

The total project cost is 219.35 billion rupees ($2.66 billion), the government added.

($1 = 82.4520 Indian rupees)

(Reporting by Tanvi Mehta; Editing by Jan Harvey)