India, Russia revive fighter aircraft talks

After a hiatus of nearly a year, India and Russia have revived talks on the much delayed Fifth Generation Fighter Aircraft (FGFA) even as cost negotiations for the joint production of 200 Kamov 226T helicopters have begun. A high-level Russian delegation is in the country to hold negotiations on both the projects, sources said.

“We have got the clearance to restart the talks. Accordingly, a Russian team is here and cost negotiations began yesterday,” they said. India has already pumped in $290 million into the project, but it got delayed because the IAF had some issues.

Russia has made a new offer on the delivery of Sukhoi T-50 (PAK FA) fighter jets to India under the joint FGFA initiative.

Under the new offer, India will have to pay $3.7 billion, instead of $6 billion, for the technological know-how and three prototypes of PAK FA fighters. In 2010, India had agreed to pay USD 295 million towards the preliminary design of the fighter.

The code name of the project in India is Perspective Multi-role Fighter (PMF).

The Russian delegation will also hold talks with state-run Hindustan Aeronautics Limited for 200 Kamov 226T light helicopters to replace the ageing fleet of Cheetah and Chetak, in a deal estimated to be worth $1 billion under the 'Make in India' initiative.