€7.25-billion: France makes its ‘best’ price offer for 36 Rafale fighter jets
NEW DELHI: The Rafale fighter deal that has been stuck for the past several months on pricing issues is likely to move ahead with a new offer from Paris that could see India paying 7.25 billion for 36 new jets.
The new offer from France is the lowest price being quoted for the Rafale fighters till now, though a weapons package is to be negotiated separately. Officials involved in the negotiations have told ET that the latest French offer came just over two weeks ago and could be the last price being offered for the Rafale fighter jets that are being procured by India under a government to government deal.
This is a substantial cut from the 8.8 billion Euro figure that was being quoted for the deal in BJP circles and was even advertised by its IT department as a major win for the Modi government.
Success in Modi”s feather again.. Modi”s negotiation skills with french has worked well for us which the deal was on pending from quite long time. Hope country will get more best deals like this.. Because India needs best weapon equipment to save 130K crore people.
yes modi is a true patriot and an honest and excellent negotiator
Most Aero engineers in US univs are from India.
Hats off to Parrikar and Modi for saving good amount and with zero kickback
Good deal ., if it is .. take it now …
Defense Ministry should not delay and go ahead with the deal. Once the deal is signed it will take few years for the India Air Force to receive the complete consignment of 36 Rafales. Plus there will be lot of work for the DRDO to make currently weaponry used by SU 27 fighters compatible to Rafale.
France has very astutely switched to Euros from Dollars which is depreciating now!
Good to hear that France will invest in the Indian defence industry, but I still think the US offer for F-18s should be considered as they proposed manufacturing the jets in India
Good, but till we have indigenous manufacturing of fighter planes we will be facing shortage and delay in procurement
tech transfer is important so that we can produce it in our country