February 5, 2013

India may sign $10 bn Rafale aircraft deal during French President Hollande's visit

Financial details of the over $10 billion deal for the purchase of 126 French Rafale medium multi-role combat aircraft (MMRCA) for the Indian Air Force are being worked out ahead of the visit by French President Francois Hollande to India next week.
“The financial details of the deal are being worked out,” an external affairs ministry official told IANS.

“There are a lot of technical aspects of the deal, which are being worked out by the defence ministry,” the official added, declining to say whether it would be inked on Feb 14, the day of official engagements of the French president in India.


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