India Russia joint fifth generation fighter jet production plan comes to a dead end
Official sources in the Indian government have said no decision could be taken on the long-pending fifth-generation fighter jet project with Russia due to high cost involved in it.
The cost of the project is very high. It is still under consideration, they said.
A high-level committee set up by the government to examine various aspects of the project had submitted its report last year and the defence ministry is likely to take a call on it soon.
In 2007, India and Russia had inked an inter-governmental pact for the FGFA project. In December 2010, India had agreed to pay USD 295 million (Rs 1,897 crore) towards the preliminary design of the fighter, which is called in India as the 'Perspective Multi-role Fighter'.
However, the negotiations faced various hurdles in the subsequent years. In February 2016, India and Russia revived talks on the project after a clearance from the then defence minister Manohar Parrikar.