Poor reading dude
The agreement, which was signed at the seventh meeting of the Indo-Russian inter-governmental commission on military-technical
co-operation in Moscow, provides for
joint development of the fifth-generation fighter aircraft (FGFA), the Sukhoi T-50 PAK-FA. The Sukhoi T-50 PAK-FA is known for its super-maneuverability, supersonic cruising ability, long-range strike and high-endurance air defense capabilities. It is described as a rival to the US F-35 Lighting-II Joint Strike Fighter.
The deal on joint production comes almost five years after the Russians first proposed it.
India and Russia will have equal financial and technological stakes in the US$10 billion project. "We will share the funding, engineering and intellectual property in a 50-50 proportion," Sukhoi director-general Mikhail Pogosyan said.
The Indian version of the FGFA would be different from the Russian version because of specific Indian requirements, he said.
I think I was right in post #840
FGFA is Indian name for twin seater PAK-FA. BTW IAF is going to get both