Negotiations for GE's fighter jet engine face cost hurdles
after close1 source ↓written by the desknot a recommendation
- per unit
- ₹210-240 cr
- initial estimate
- ₹70-80 cr
- program
- ₹15,000 cr
Negotiations between India and General Electric over the F414 fighter jet engine for the AMCA project have stalled due to a significant cost increase. The engine's price has surged to nearly ₹210-240 cr per unit, up from the initial estimate of ₹70-80 cr. This escalation raises concerns about project timelines and budget implications for the ₹15,000 cr program.
Not investment advice. For informational purposes only.