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India to revive Kaveri project with Safran

India has finalized the consultancy agreement with French defence manufacturer Safran to help revive the Kaveri project. The deal cost around $2 Million. Apart from the initial consultancy fees, India may not need to spend on development as the French side has proposed to make the Kaveri flight-worthy within 18 months for integration into the Tejas Light Combat Aircraft by 2020. A detailed joint development plan will be drawn up that could use offset credits coming from the Rafale fighter jet deal.

Source:http://economictimes.indiatimes.com/news/defence/french-boost-to-jet-engine-plan-kaveri-project-being-revived/articleshow/55694504.cms

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