Five shot down Indian aircraft worth PKR 271.67bn

Price of single unit of MiG-29 aircraft has cost India some $48 million (Rs13.54 billion) per carrier approximately

By Sabir Shah
May 08, 2025
Debris of MiG-29. —TheNews/File
Debris of MiG-29. —TheNews/File

LAHORE: Pakistan on Wednesday said it has shot down five Indian Air Force planes, including three sophisticated multi-role French Rafale jets, one twin-engine Russian MiG-29 and an Su-30 fighter, all of which had collectively cost US$963.38 million or approximately Pakistani Rupees 271.67 billion to India at the time of their procurement, research and calculations conducted by the “Jang Group and Geo Television Network” show.

While the current price of one Rafale aircraft is US$288 million, a MiG-29 had cost India about $48 million in 2020, while the market price of a single Su-30 fighter stands at $50 million.

As far as the price of Rafale jets is concerned, numerous prestigious Indian media outlets and the latest May 4, 2025 report of the Bulgarian Military had mentioned that on April 28 this year, India had finalised a $7.5 billion pact with France to acquire 26 Rafale aircraft, marking the largest defence deal ever inked between the two nations.

The cost of one Rafale jet hence comes to a staggering $288.46 million (Pakistani Rs81.345 billion), and price of three machines would mean $865.38 million or about Pakistani Rs244.04 billion.

Coming to the cost of a Su-30 fighter, NDTV India, Times Now, India, and the Bulgarian Military have recently revealed in separate reports that it carries a price tag of around $50 million (Pak Rs14.1 billion) per unit.

The price of a single unit of MiG-29 aircraft has cost India some $48 million (Rs13.54 billion) per carrier approximately.

Quoting Indian Defence Ministry, the July 3, 2020 edition of the “Moscow Times” revealed that New Delhi had approved procurement of 21 MiG-29 planes for nearly US$1 billion, which thus means that the price of one such aircraft had cost the buying country close to $48 million per unit.