NEW DELHI: India and France are now trying to swiftly finalize the government-to-government deal for direct acquisition of 36 Rafale fighters, even as the earlier $20 billion MMRCA (medium multi-role combat aircraft) project for 126 such jets stands scrapped.
The IAF is pushing for at least 20 additional Rafales over the 36 decided during the Modi-Hollande summit in Paris on April 10. But India is unlikely to buy more than 36 Rafales at this stage, less than one-third of the 126 jets envisaged under the MMRCA project.
"It will take another month or so to clinch the new G-to-G deal, which will entail better terms than what was conveyed by Rafale-manufacturer Dassault Aviation during the MMRCA negotiations. Once the deal is finalized, the deliveries of the 36 jets in a flyaway condition will begin in two years," said an official.
In a written reply in Rajya Sabha, defence minister Manohar Parrikar said the Indian and French teams were negotiating the terms and conditions for the 36-jet deal and would recommend a draft agreement.
31/07/15 The Times Of India
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The IAF is pushing for at least 20 additional Rafales over the 36 decided during the Modi-Hollande summit in Paris on April 10. But India is unlikely to buy more than 36 Rafales at this stage, less than one-third of the 126 jets envisaged under the MMRCA project.
"It will take another month or so to clinch the new G-to-G deal, which will entail better terms than what was conveyed by Rafale-manufacturer Dassault Aviation during the MMRCA negotiations. Once the deal is finalized, the deliveries of the 36 jets in a flyaway condition will begin in two years," said an official.
In a written reply in Rajya Sabha, defence minister Manohar Parrikar said the Indian and French teams were negotiating the terms and conditions for the 36-jet deal and would recommend a draft agreement.
31/07/15 The Times Of India