a jet which can run on bio fuels. Then you will have a new type of propulsion system different from the current one.
India needs heavily to spend money on jet engine technology. Which can be actually realized and upgraded. Americans or any country will never give India jet engine technology. So it is better to stay with french and should not linger on the deal. Enough of time has been wasted.
Rest of the money must be invested for developing jet engines compatible for both bio fuels and crude extracts.
The markets are slow and the demands are getting lesser as the prices rise, So many of these aircraft companies (and those with allied technologies) will merge or simply be closed down. During WW2 there were more than 10 british companies making varieties of planes, Hawker (makers or Hurricane and Tempest). Supermarine (makers of Spitfire), Bristol (makers of Blenheim, Beaufighter), De Haviland (makers of Mosquito) Gloster (makers of the famous Gladiator and Meteor) Handley Page, Avro, Fairey .. just to name a few, How many of them exist? Many of these companies either shut down or merged to form a stronger comany (Hawker Siddley) and this later became the present giant British Aerospace. (BAe)
Now the markets are going to more difficult,. The engine makers will have orders but not in numbers as before as the planes themselves become expensive and as R&D cost rises, how does one pay for it? Either expensive engine (which in turn increase the cost of plane) and which in return deters the customers or to maybe have a ToT or JV . It is true that engine manufacturing is very intricate business. But how many countries really have the money to invest in developments of engines in future? Investing in engine business is a long term project something like a few decades. For companies like Saturn NPO they will have order from just few customers and both will be Russian (Sukhoi or Mikoyan) and these will be very limited units only with small order book. If the order book has to be made bigger then ToT or JV will be the best alternative. Ultimately by hook or crook, India will get things right about engines, its just matter of experience and slowly we are getting there.
As far France is concerned, they see India on cross roads and they want to try and take max benefit now, as if the French time it wrong, they stand to lose a lot. Rather they could in a way lose the entire share of their pie of Indian defence markets because they tried to be too tough on their conditions and prices.