India and Japan are exploring a potential revival of the ShinMaywa US-2 amphibious aircraft deal, years after talks stalled over pricing and technology transfer, amid a broader upswing in strategic ties and Japan’s push on defense exports since 2014. India’s requirement for 12–18 US-2s dates to a 2011 RFI, with negotiations intensifying around 2016 when Tokyo offered a price cut from about $133 million to roughly $113 million per aircraft, though discussions later slowed over costs and offsets. Prior frameworks envisioned initial deliveries from Japan followed by Indian assembly with local partners, aligning with indigenization and potential MRO and parts manufacturing in India. Renewed interest in 2025 reflects maritime surveillance and SAR needs in the Indian Ocean and Andaman-Nicobar deployment plans.