Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

But the job is not done yet!
Vote for the deserving candidate this year.

Check your mail to know more

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
SPONSORED BY
LIVE TV DownloadNews18 App
News18 English
Powered by cricketnext logo
»
2-min read

India, Russia to Sign Contract to Jointly Develop 5th Generation Fighter Jet

In February 2016, India and Russia had revived talks on the project after a clearance from then defence minister Manohar Parrikar.

PTI

Updated:July 20, 2017, 12:59 PM IST
facebookTwittergoogleskypewhatsapp
India, Russia to Sign Contract to Jointly Develop 5th Generation Fighter Jet
PAK FA - Fifth generation fighter prototypes in flight (PTI)
Loading...
Zhukovsky (Russia): India and Russia have entered the second stage of negotiations for jointly developing the fifth-generation fighter aircraft and the two sides will sign a contract "in the near future", a top Russian official has said.

Sergei Chemezov, the CEO of Rostec State Corporation, said that all decisions over the multi-billion dollar project to jointly develop the fifth-generation fighter aircraft (FGFA) will be finalised in the "near future".

India and Russia had inked an inter-governmental pact for the FGFA project in 2007.

"As for the 5th generation (fighter aircraft) - the work is underway. Stage one is over. Now we are discussing the second stage. And I think that in the near future, all decisions will be made and the contract documents will be signed," Chemezov told reporters on the sidelines of Russia's premier air show MAKS 2017 in Zhukovsky.

"But the work is going, it is very complicated, so it is not going fast," said the head of Rostec, Russia's umbrella organisation of 700 hi-tech civilian and military firms. He stressed that Russia was the only country for India that without any restrictions transfers all technologies.

Chemezov's remarks came more than two months after government sources in New Delhi had said that almost all the ground work had been completed to finalise the deal for the design of the FGFA jet as well as some other critical issues. "The contract for the detailed design would be signed soon and that will be a major milestone. It should be signed in the second half of the year," a top official involved in the negotiations with Russia on the project had said.

The official had said that both the countries are co-developers and India will have equal rights over the technology.

In February 2016, India and Russia had revived talks on the project after a clearance from then defence minister Manohar Parrikar.

Since then, a lot of issues related to work share, Intellectual Property Rights (IPR) and technology transfer among others have been sorted out between the two sides, along with the monetary commitments.

In December 2010, India agreed to pay USD 295 million towards the preliminary design of the fighter, which is called in India as the 'Perspective Multi-role Fighter' (PMF). However, negotiations faced various hurdles in the subsequent years.

Chemezov also talked about Russia's own fifth generation fighter jet programme PAK FA.

"Today one of Rostec's key project milestones is the development of the second stage engine for PAK FA. New construction solutions have been used in the development process, which are unparalleled in Russian engine building," he said.

Talking about other projects of Indo-Russia cooperation, Chemezov said apart from the Ka-226, the two sides have an enterprise that has been working for a long time producing cruise missiles Brahmos.

"They are already completely localised today. Already completely produced in India. This is one of the first projects that we implemented in India. As well as, T 90, Su-30MKI. That is a fairly large number of projects - some have already been implemented, some are being implemented," he added.
| Edited by: Bijaya Das
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
 
T&C Apply. ARN EU/04/19/13626
 

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results