GE raises costs for India's fighter jet engine project
pre-market1 source ↓written by the desknot a recommendation
- per unit
- ₹70-80 cr
- for prototypes
- 15 engines
- allocated
- ₹15,000 cr
Negotiations between India and General Electric over the F414 engine for the AMCA project have stalled as costs surged from an initial estimate of ₹70-80 cr per unit to nearly three times higher. The Aeronautical Development Agency requires 15 engines for prototypes, raising concerns about budget overruns from the ₹15,000 cr allocated for the project. This could impact timelines for India's fifth-generation fighter ambitions.
Not investment advice. For informational purposes only.