In December 2010, India had agreed to pay $295 million (Rs1,897 crore) towards the preliminary design of the fighter, which is called the ‘Perspective Multi-role Fighter’ in India. Raju said the state-of-the-art facility in Nasik will not require any major investment to reconfigure it to produce the fifth generation fighter aircraft (FGFA). In 2007, India and Russia had inked an inter-governmental pact for the FGFA project but no concrete decision has yet been taken on it. In December 2010, India had agreed to pay $295 million (Rs1,897 crore) towards the preliminary design of the fighter, which is called the ‘Perspective Multi-role Fighter’ in India. Raju said the Nasik plant may be converted to a maintenance facility for the Sukhoi fleet if the FGFA project does not take off.

Source: Mint November 26, 2017 07:41 UTC