India-US in talks for jet engine production partnership with 80% tech transfer by value: Report

India and the United States are set to collaborate on the production of fighter jet engines according to reports by CNBC-TV18. According to the report, the deal will be signed between General Electric and Hindustan Aeronautics Limited (HAL) for transfer approximately 80 percent of the jet engine technology by value.

The deal for co-production has been approved by the highest political levels in India and the US. It will be formally announced during the state visit of Prime Minister Narendra Modi, as per report.

It is likely to be a multi-billion dollar deal and both sides are now in final negotiations on payment mechanisms, procurement of machinery and tech transfer modalities.

According to the report US engine technology has not been shared this widely with any other country.

The report stated that India and HAL will get technology for special coating for erosion and corrosion, repair technology for turbine, compression disc and blades, coating and machining of single crystal turbine blades, machining & coating of hot end parts, complete tech transfer for blisk machining, machining of powder metallurgy, polymer matrix composite, laser drilling for combustion and bottle boring of shafts of GE jet engines:

The process of collaboration on jet engine production will begin after the signing of the deal between GE and HAL. The technology transfer is likely to happen in phases and by the end of three years, 80 percent of the value added to the engine will happen in India.