"We put forward this idea (of developing the tank) at the turn of the 21st century. The Indian side has now come up with a similar proposal," Nikolai Malykh, Director General of Russia's biggest tank producer Uralvagonzavod (UVZ) said.
Malykh said preliminary discussions have already taken place and UVZ experts are now going to India to carry forward the issue on the margins of international seminar on Future Main Battle Tank (FMBT) organised by the Indian Army and CII.
"We will take the first step when our experts go to India to attend a conference on the future tank and prospects for the tank-building industry," Malykh told reporters on the sidelines of a defence expo.
Moscow Defence Brief (MDB) magazine said the new tank featuring higher speed, better firepower, sophisticated armour protection and a smoother ride will mark 'a great step forward in armour technology'.
For the survivability of the highly trained human assets, armour-protected crew compartment will be sealed from the unmanned turret equipped with an automatic loader.
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The crew will be networked with a virtual-reality command information system linked to reconnaissance aircraft and satellites.