Here is a news from 26July, 2011
Biggest deal: IAF may buy 189 jets for $20bn
The “mother” could well become the “granny” of all defence deals in the years ahead. India is likely to go in for another
63 fighters after the delivery of the first 126 MMRCA (medium multi-role combat aircraft) if the “timelines” for its other fighter development projects are not met, say top defence officials.
This would be the biggest overhaul of any air force in the world in such a short period. When the MMRCA selection process was initiated by the defence ministry (MoD) in mid-2007, the overall project cost was pegged at Rs 42,000 crore, or $10.4 billion, for 126 fighters. But it will zoom beyond $20 billion if India decides to opt for 189 jets since inflation is also being factored in. Even with 126 jets, this is the biggest such fighter contract in the world as of now.
This comes as the MoD is set to open commercial bids of the two jets left in the MMRCA fray—French Rafale and Eurofighter Typhoon—“in a week or two”.
Eurofighter Typhoon is backed by the UK, Germany, Spain and Italy. The MoD has rejected “any scope for comeback” by the other four jets, including the American F/A-18s and F-16s, ejected out of the MMRCA race in April on technical grounds. “We are looking for only 126 fighters. The first 18 will come from abroad, while the rest 108 will be made by Hindustan Aeronautics Ltd after transfer of technology from end-2016 or early-2017,” said a top MoD official.
India likely to seek another 63 fighters after delivery of the first 126
Will seek these jets if Tejas LCA and Indo-Russian stealth FGFA deadlines not met