• Latest
  • Trending
India Reconsidering RS 2 Lakh Crore Fighter Jet Programe With Russia

India Reconsidering RS 2 Lakh Crore Fighter Jet Programe With Russia

July 8, 2018
Trade war hits SE Asia, growth down for first time in 3 years

Trade war hits SE Asia, growth down for first time in 3 years

February 19, 2019
Pulwama revenge: India plans 360 degree action against Pakistan

Pulwama revenge: India plans 360 degree action against Pakistan

February 19, 2019
Ikea sets its sights on India

Ikea sets its sights on India

February 19, 2019
Indian broadcaster pulls out of Pakistan cricket league

Indian broadcaster pulls out of Pakistan cricket league

February 19, 2019
India, Argentina Sign MoU For Co-Operation In Nuclear Energy

India, Argentina Sign MoU For Co-Operation In Nuclear Energy

February 19, 2019
UK Airline Ceases Operations, Blames Brexit

UK Airline Ceases Operations, Blames Brexit

February 18, 2019
Pakistani actors banned from working in India after Kashmir attack

Pakistani actors banned from working in India after Kashmir attack

February 18, 2019
‘India y so Angry?’ Pakistani Comedian’s Message to Stop the Hate is Going Viral

‘India y so Angry?’ Pakistani Comedian’s Message to Stop the Hate is Going Viral

February 18, 2019
India vandals forced to fix Hampi monument pillar

India vandals forced to fix Hampi monument pillar

February 18, 2019
Saudi crown prince starts Asia tour – and stirs regional rivalry

Saudi crown prince starts Asia tour – and stirs regional rivalry

February 18, 2019
Modi calls meeting to build support for action against Pakistan

Modi calls meeting to build support for action against Pakistan

February 16, 2019
How Communist Vietnam Will Gain as Host of US-North Korea Summit

How Communist Vietnam Will Gain as Host of US-North Korea Summit

February 16, 2019
12 °c
Delhi
14 ° Thu
13 ° Fri
15 ° Sat
14 ° Sun
Wednesday, February 20, 2019
Voice of India
No Result
View All Result
  • India News
    • Congress
    • Kashmir
    • Politics
  • Asia
    • China
    • Hong Kong
    • Japan
    • North Korea
    • Oceania
    • Pakistan
    • South Korea
    • Southeast Asia
  • World
    • Africa
    • Canada
    • Europe
    • Latin America
    • Middle East
      • Iraq
      • Israel
      • Jordan
      • Syria
    • Russia
    • United Kingdom
    • United States
  • National Security
    • Cyber Security
    • Military
    • Terrorism
      • ISIS
  • Economy
    • Business
    • Stock Market
    • Science
    • Technology
  • Culture
    • Art
    • Bollywood
    • Books & Literature
    • Food & Drink
    • Health
    • History
    • Lifestyle
    • Movies & TV
    • Music
    • Privacy
    • Religion
    • Travel
    • Women & Children
  • Environment
    • Climate Change
    • Disaster
    • Wildlife / Endangered Species
  • Sports
    • Cricket
    • Auto Racing
    • Cycling
    • Football
    • Golf
    • Olympics
    • Tennis
    • Water Sports
  • India News
    • Congress
    • Kashmir
    • Politics
  • Asia
    • China
    • Hong Kong
    • Japan
    • North Korea
    • Oceania
    • Pakistan
    • South Korea
    • Southeast Asia
  • World
    • Africa
    • Canada
    • Europe
    • Latin America
    • Middle East
      • Iraq
      • Israel
      • Jordan
      • Syria
    • Russia
    • United Kingdom
    • United States
  • National Security
    • Cyber Security
    • Military
    • Terrorism
      • ISIS
  • Economy
    • Business
    • Stock Market
    • Science
    • Technology
  • Culture
    • Art
    • Bollywood
    • Books & Literature
    • Food & Drink
    • Health
    • History
    • Lifestyle
    • Movies & TV
    • Music
    • Privacy
    • Religion
    • Travel
    • Women & Children
  • Environment
    • Climate Change
    • Disaster
    • Wildlife / Endangered Species
  • Sports
    • Cricket
    • Auto Racing
    • Cycling
    • Football
    • Golf
    • Olympics
    • Tennis
    • Water Sports
No Result
View All Result
Voice of India
No Result
View All Result

India Reconsidering RS 2 Lakh Crore Fighter Jet Programe With Russia

July 8, 2018
in Featured, India News, Military, National Security, News
0
Home Featured
Post Views: 192

India has conveyed to Russia its unwillingness to go ahead with the joint development of a fifth-generation fighter aircraft (FGFA) primarily due to high cost involved in the project, official sources said.

They, however, said the negotiations between the two countries on the much ambitious project have not yet been shelved as India was ready to have a re-look at co-development of the jet if an appropriate cost sharing formula between the two countries was arrived at.

India and Russia had signed an inter-governmental agreement for the mega project in 2007, vowing to take the military ties between the two strategic partners to the next level. However, the project has been stuck for the last 11 years as there have been serious differences between the two sides on sharing cost of developing the jet, technologies to be used in it and number of aircraft to be produced.

The sources said the cost of the project has been estimated at around USD 30 billion or Rs 2 lakh crore.

“Our position on various aspect of the project, including the cost component, has been conveyed to the Russian side and there has been no resolution to the issues yet,” a top official involved in the negotiations with Russia over the project said.

In December 2010, India had agreed to pay USD 295 million towards the preliminary design of the fighter jet. Later, both sides had expressed intent to contribute each USD 6 billion for final design and production of the aircraft in the first phase. However, they could not come out with a final agreement on it.

“We have not closed our door on the project,” the sources said.

It is learnt that India was insisting on equal rights over the technology to be used in the aircraft but Russia was not ready to share all the critical technologies of the plane with New Delhi.

In the negotiations for the project, India had insisted that it must get all the required codes and access to critical technology so that it can upgrade the aircraft as per its requirements, sources said.

In February 2016, both the countries had revived talks on the project after a clearance from then Defence Minister Manohar Parrikar.

Sources said both sides were attempting to thrash out the sticky issues but added that India was not optimistic that the project will fructify due to cost involved in the project.

Interestingly, state-run aerospace behemoth Hindustan Aeronautics Ltd (HAL) is strongly pitching for the fifth-generation fighter jet project. The HAL feels the multi-billion dollar project will provide India a significant opportunity to encourage its aerospace sector as no country has ever offered such critical technologies to India.

There have been indications from the Indian Air Force that it was not very keen to pursue the project in view of the high cost.

Source :

Daily Pioneer

Tags: fifth-generation fighter aircraft (FGFA)Hindustan Aeronautics LtdIndiaIndian Air ForceRussia
ShareTweetShare
Next Post
India denies shifting pillars along Myanmar border

India denies shifting pillars along Myanmar border

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

seventeen + thirteen =

Translate

Popular Post

Narendra Modi’s BJP Sweeping Key India State Polls
Uncategorized

Narendra Modi’s BJP Sweeping Key India State Polls

March 11, 2017
1

  Early trends suggest that Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) is set to sweep crucial assembly elections...

Read more
Activists Go Undercover to Expose India’s Illegal Sex-Selective Abortions

Activists Go Undercover to Expose India’s Illegal Sex-Selective Abortions

March 27, 2017
Citizens must be protected amid ‘rising intolerance’: US to Indian government

Citizens must be protected amid ‘rising intolerance’: US to Indian government

July 30, 2016
Trade war hits SE Asia, growth down for first time in 3 years

Trade war hits SE Asia, growth down for first time in 3 years

February 19, 2019
‘Gau Rakshaks’ strike again? Fresh video from Rajasthan surfaces

‘Gau Rakshaks’ strike again? Fresh video from Rajasthan surfaces

July 30, 2016
  • About Us
  • Terms & Conditions
  • Creative Commons
  • Privacy Policy
  • Disclaimer
  • Contact Us

Topics

Follow Us

About Us

Voiceofindia.news is part of the Voice Of India Media Group LLC, which delivers daily news around the globe. ​

© 2015 Voice Of India

No Result
View All Result
  • India News
    • Congress
    • Kashmir
    • Politics
  • Asia
    • China
    • Hong Kong
    • Japan
    • North Korea
    • Oceania
    • Pakistan
    • South Korea
    • Southeast Asia
  • World
    • Africa
    • Canada
    • Europe
    • Latin America
    • Middle East
      • Iraq
      • Israel
      • Jordan
      • Syria
    • Russia
    • United Kingdom
    • United States
  • National Security
    • Cyber Security
    • Military
    • Terrorism
      • ISIS
  • Economy
    • Business
    • Stock Market
    • Science
    • Technology
  • Culture
    • Art
    • Bollywood
    • Books & Literature
    • Food & Drink
    • Health
    • History
    • Lifestyle
    • Movies & TV
    • Music
    • Privacy
    • Religion
    • Travel
    • Women & Children
  • Environment
    • Climate Change
    • Disaster
    • Wildlife / Endangered Species
  • Sports
    • Cricket
    • Auto Racing
    • Cycling
    • Football
    • Golf
    • Olympics
    • Tennis
    • Water Sports

© 2015 Voice Of India