Madam Defence Minister, why did you take a U-turn on your promise of transparency on the Rafale deal? What are you hiding?.
Madam Defence Minister, why did you take a U-turn on your promise of transparency on the Rafale deal? What are you hiding?
Finally, A Deal. India To Buy 36 Rafale Jets For $8.8 Billion
France initially sought nearly 12 billion dollars for the sale of 36 fighters complete with weapon systems. India has closed the deal nearly 3 billion dollars below France's asking price.
Prime Minister Narendra Modi during a visit to Paris last year confirmed India's order of 36 read-to-fly jets. Before that, the Defence Ministry had sanctioned the purchase of 120 planes, but the deal was scaled down dramatically after both sides were unable for years to agree on the unit price and the assembling of the planes in India.
The Rafales are made by manufacturer Dassault Aviation. During PM Modi's visit, the countries agreed that the deal would be handled between their governments.
The Air Force has stressed it needs to start replacing its ageing jet fleet from 2017 to effectively check the capabilities of Pakistan and China..
Rafale Jet Deal Finalised By India And France For 7.8 Billion Euros 0 Rafale Jet Deal Finalised By India And France For 7.8 Billion Euros.
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Inaugural Address by Smt Nirmala Sitharaman, Minister of State (IC) for Commerce and Industry on the Inaugural Session of the 4th National Standards Conclave 'Evolving a Comprehensive National Strategy for Standards Sectoral and Regional Inclusiveness' held on 1-2 May 2017 at New Delhi.
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