India is willing to pay $4 billion for 126 "light fighters." That
means something like the F-16. This is a set up for an intense competition. The
U.S. will offer 17 ton F-16s, France has the 24 ton Rafale, Sweden the 14 ton Gripen and Russia,
which supplies most of India's current warplanes, offers the 24 ton MiG-35. This is an
upgraded version of the MiG-29, with thrust vectoring for higher
maneuverability, and better electronics. Making things even more interesting is
the fact that Pakistan, India's most likely opponent in a future war, already
operates the F-16. The Indians are willing to pay about $30 million per
aircraft, which favors the MiG-35, as the Russians are good at competing on price.
But the French and Swedes need a major export sale badly, and may be willing to
sell at a loss to get it.