India is negotiating a new military contract with Russia to buy 42 additional Su-30MKI fighter jets for the Indian Air Force (IAF).

Both countries have been working on the $3bn deal for several months now, according to Ria Novosti.

India will acquire these new Su-30MKI jets to increase the number of fighter squadrons in the IAF, as well as to strengthen its defence capability.

Currently, about 100 Su-30MKIs have been deployed by the IAF at airbases close to the borders with China and Pakistan.

India has already purchased 230 Su-30 air-superiority fighters from Russia, in three deals worth $8.5bn.

India originally ordered 50 Su-30MKI aircraft from Russia in 1996-98 and an additional 40 planes in 2007.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData

Su-30MKI a twin-seater, multirole, long-range fighter, is a variant of the Su-30, which has been jointly developed by Russia’s Sukhoi Corporation and India’s Hindustan Aeronautics Limited.

According to analysts, the IAF will continue to buy the Russian-made combat aircraft for the next 15 years, with an aim to replace its aging Soviet MiG-21 aircraft.