
India and Russia are on the verge of inking one of the biggest defence manufacturing deals to develop and produce the fifth generation fighter aircraft (FGFA). Its research and development (R&D) will cost $11 billion (Rs 66,000 crore) with India paying half of it.
This will be followed by a potential $30 billion deal to make some 200 planes for the Indian Air Force. As negotiations have dragged on for four years since the FGFA was first announced, India has raised issues of technology; its transfer; New Delhi’s role in development of the plane and the actual per-unit cost of the plane.
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