Azaad
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Quoting Uncle Han here to highlight a few points.No, 50.5% and 49.5% are the share of ownership of this company, that are the original investments from the 2 parties. The indigenous ratio or who contributes what components are daily operational issue. As an independent entity, the company can purchase any component from anyone. The different suppliers will only affect the product quality and financial performance of the company. As long as Brahmos is still produced by this JV, as the share holder of this JV, Russians will always be entitled to 49.5% of the profit.
The entire JV was conceived coz in the 1990s following the collapse of the USSR, for from Russia's PoV, they desperately needed money to monetise their defense industry by bringing to fruition their various ideas & projects conceived during the Cold War . The Russians approached the Chinese with the same aim in mind.
From our PoV, we needed a jump start to our defence ecosystem by targeting sophisticated projects which otherwise would be well beyond our reach & pocket requiring years of trial & error before we reached some sort of maturity in these systems.
The JV right since its inception was plagued by problems of work share as per the agreement signed where the Russians usually reneged from sharing information or curtailing our workshare requiring frequent interventions by both Delhi & Moscow which is why this JV could deliver as opposed to the PAKFA / FGFA which was plagued by similar problems which we couldn't reconcile.
The aim was always to master not just the design but also know why & know how of the various vital sub components of the entire system in due course of time which unfortunately got prolonged way more than we expected it to be, which is why the payoffs for the Russians apart from their share of the profits in the JV was substantial royalties with every assembly & component we indigenised.
This is precisely why you'd see substantial escalation in the costs of the very same Brahmos variant which inflation or fluctuations of forex couldn't justify & I'm referring to the recent past , say a decade ago, not what we may have procured 15 or 20 years ago.
This is also precisely why the costs of the same variant of Brahmos will record substantial escalation in this decade itself as we near closer to the 100 % indigenization mark which would involve our production of the RAMJET either from complete transfer of know how & know why or substantial amounts of it as the Russians who'd been turning down our requests for it over the decades now no longer have that kind of bargaining power & are / will be increasingly cash strapped going ahead .
You'd see the same being reflected in our increasing indigenization of the MKI & other Russian platforms & armaments which was inconceivable before the Ukraine war brushing aside Russian objections. The best part is they can't accept Dollars & we won't pay them in yuans. Those profits & royalties would be paid for in INR & / or UAE dirhams.
Sweet revenge for the constant milking & blackmail the Russians have subjected us to since the past 5-6 decades which turned especially ugly during the Admiral Gorshkov / INS Vikramaditya saga & the sub par navalised MiG-29Ks forced down our throats which marked the beginning of the end of our Russian romance.