By Franz-Stefan Gady
New Delhi and Moscow have restarted cost negotiations over the Sukhol/HAL Fifth Generation Fighter Aircraft.
A high level Russian delegation arrived in New Delhi this week to recommence negotiations over the much-delayed Sukhol/HAL Fifth Generation Fighter Aircraft (FGFA) project, or as it known in India, the Perspective Multi-role Fighter (PMF), the Times of India reports.
“We have got the clearance to restart the talks. Accordingly, a Russian team is here and cost negotiations began yesterday,” said a source within India’s Ministry of Defense.
The Russian delegation is also negotiating with state-run Hindustan Aeronautics Limited (HAL) over joint production of 200 Kamov 226T light transport helicopters under the “Make in India” initiative and estimated to be worth $1 billion.
During the annual India-Russia summit, which took place in late December 2015 in Moscow, Russian President Vladimir Putin and Indian Prime Minister Narendra Modi failed to resolve the impasse over the PMF project.
Read the full story at The Diplomat