The procedure for determining the proposal with the so-called "Lowest cost» (L-1) has been completed and is told the news agency "Reuters" Defence Minister AK Antony, the final contract is expected to be signed in the next fiscal year (beginning April 1). Negotiations can take up to 6 months. Moreover, the Minister added that the defense establishment is preparing another purchase 80 fighters, and this program may be invited bidders previously eliminated.
In accordance with the original requirements of the tender, the winner must put 18 fighters in finished form. Another 108 vehicles will be manufactured under license in the facilities of "Hindustan Aeronautics Limited" (HAL) after transfer. The winner of the tender should be reinvested in Indian industry 50% of contract value.
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