Funding and Future Developments
In November, 2010, The Aeronautical Development Agency (ADA) had sought $2-billion (approximately 9,060 crore) fund for the development of the advanced medium combat aircraft (AMCA).
PS Subramanyam subsequently stated, “We have just started working on this fifth-generation aircraft, for which we had already received sanctions to the tune of Rs 100 crore. The way the government is cooperating, I am able to say that we will receive the funding ($2 billion) in the next 18 months.”
Funding will initially be utilized to develop two technology demonstrators and seven prototypes. The first flight test is expected to take place by 2017.
Read more about this topic: Advanced Medium Combat Aircraft
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