) ▁programme . ▁On ▁ 2 7 ▁October ▁ 2 0 0 7 , ▁Su k ho i ' s ▁director ▁Mik h ail ▁P og os yan ▁stated : ▁" We ▁will ▁share ▁the ▁fund ing , ▁engineering ▁and ▁intellectual ▁property ▁in ▁a ▁ 5 0 – 5 0 ▁proportion ", ▁in ▁an ▁interview ▁with ▁Asia ▁Times . ▁ ▁On ▁ 1 1 ▁September ▁ 2 0 1 0 , ▁it ▁was ▁reported ▁that ▁India ▁and ▁Russia ▁had ▁agreed ▁on ▁a ▁pre lim inary ▁design ▁contract , ▁subject ▁to ▁Cab inet ▁appro val . ▁ ▁The ▁joint ▁development ▁deal ▁would ▁have ▁each ▁country ▁invest ▁$ 6   b ill ion ▁and ▁take ▁ 8 – 1 0   year s ▁to ▁develop ▁the ▁F G FA ▁f ighter . ▁ ▁In ▁December ▁ 2 0 1 0 , ▁a ▁memor and um ▁of ▁understanding ▁for ▁pre lim inary ▁design ▁of ▁the ▁Ind o - Russ ian ▁f ighter ▁was ▁reported ly ▁signed ▁between ▁H indust an ▁Aer onaut ics ▁Ltd ▁( H AL ), ▁and ▁Russian ▁companies ▁Ros ob or one x port ▁and ▁Su k ho i . ▁ ▁The ▁pre lim inary ▁design ▁will ▁cost ▁$ 2 9 5 ▁million ▁and ▁will ▁be ▁complete ▁within ▁ 1 8 ▁months . ▁ ▁On ▁ 1 7 ▁August ▁ 2 0 1 1 , ▁media ▁reports ▁stated ▁that ▁the ▁new ▁f ighter ▁will ▁cost ▁Russia ▁and ▁India ▁$ 6 ▁billion ▁to ▁develop , ▁and ▁India ▁will ▁pay ▁about ▁ 3 5 %