India and Russia has joined hand for the Fifth Generation Fighter Aircraft earlier and now both the countries are all set for the development and production of Fifth Generation Fighter Aircraft (FGFA).
An Inter-Governmental Agreement (IGA) has been signed in October 2007 between the Governments of India and the Russian Federation for joint development and production of Fifth Generation Fighter Aircraft (FGFA).
The project is planned to be executed in two phases (i)Preliminary Design (PD) phase; and (ii)Detailed Design & Development Phase (Called R&D Phase).
An amount of Rs.1609.41 crore has been sanctioned for PD phase.
The PD phase contract was signed in December 2010.
The work commenced in February 2011 and completed in June 2013. Negotiations for R&D contract between Indian side and Russians are on.