The new patches given to the 51 Squadron of IAF depict a MiG21 in the foreground along with a red-coloured F-16 with 'Falcon Slayers' written on top and 'AMRAAM Dodgers' written at the bottom of it.
A fleet of Pakistani fighter jets had unsuccessfully targeted various military installations in Jammu and Kashmir on February 27, a day after India carried out air strikes on a terrorist training camp deep inside Pakistan's Balakot.
The IAF foiled the Pakistani retaliation, and in the dogfight, Varthaman downed a F-16 fighter jet of the Pakistan Air Force, showing grit, determination and bravery.
Soon after he brought down the F-16, Varthaman was captured by the Pakistani Army as his MiG-21 Bison jet was hit. Varthaman was released on the night of March 1 by Pakistan.
The IAF had said the Pakistani F-16 fighters fired AMRAAM beyond visual range air-to-air missile during the aerial combat.
After he was captured, Varthaman showed courage and grace in handling the most difficult circumstances for which he was praised by politicians, strategic affairs experts, ex-servicemen, celebrities and people in general.
Varthaman had became the face of the military confrontation between the two countries. Last month, he was shifted out of Srinagar and posted to a frontline air base in the western sector.
The IAF is recommending a wartime gallantry medal Vir Chakra to Varthaman.
'Abhinandan is a typically aggressive fighter pilot'
REVEALED: Moments after IAF's pilot Abhinandan was captured
'Air strikes showed India will not tolerate terrorism'
'Pak has no choice. It has to return our pilot'