Vamsi
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All our babus are obsessed with IPR of the engine. In my opinion "know-why" is more important that the IPR .I've always maintained that the collab is just a scam. Nobody parts with their crown jewels. This is the only area where the cutting edge will surely remain out of reach even in 2050 because we need a decades long engine development program with no funding cap, larger than even IGMDP to start right now instead of two decades later. Maybe we get to see GE-414 engine developed in India by 2050 at current pace, but that is wholly inadequate for the fighter fleet we'll have by 2030s, let alone the 6th gen fighters we'll need to power by 2050.
The best that a collaboration with international partner will get us is a GE-414 level engine by 2040 (instead of 2050 if we go at it alone at current pace with piecemeal approach). What we need is a generation above that.
Did you see Rocketry movie, if yes, then you might have observed that our scientists were involved in all kinds of reviews during the development of Viking engine. Nambi Narayanan sir in his book said that they gained the "Know-why" of Viking engine using the above way as shown in the movie.
Now if we are hell-bent on co-development with a foreign OEM,then we must make sure that our scientists are part of the design, manufacturing & testing teams. They must work closely with french scientists in all the departments.They must participate in each & every review meeting in all departments. I would even say that entire development activities should happen in India only. In my opinion we will get the "Know-why" of engine only in this process,if not the above said process then it would be a screwdriver-giri only imo.