India is planning to buy up to 300 co-produced fifth-generation fighters and 45 military transport aircraft from Russia, the Indian defense minister said on Thursday.
"Over the next decade, Russian-Indian military cooperation will focus on two projects: transport aircraft and a fifth-generation fighter," said Russian Defense Minister Anatoly Serdyukov, who is on a two-day visit to India.
The jointly-produced fifth generation fighter will not be a copy of the existing Sukhoi T-50 prototype ordered for the Russian Air Force, but will be a separate creation, a high-profile source in the Russian delegation in New Delhi said.
The countries are planning to unveil a one-seater and a two-seater version of the fighter by 2015-2016.
The costs are planned to be shared by the two states fifty-fifty.
The Times of India earlier said India may invest over $25 billion on buying fifth-generation fighters for its Air Force.
NEW DELHI, October 7 (RIA Novosti)