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23 September 2016
India
on Friday signed a deal with France to buy 36 Rafale fighter jets to meet
critical operational requirement for a multi-role combat aircraft for the
Indian Air Force (IAF).
Defence
Minister Manohar Parrikar and his French counterpart Jean-Yves Le Drian signed
the agreement in this regard here. The
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The
deal was preceded by tough negotiations over the price and is expected to cost
India some 7.87 billion euros. The deal also has a provision for transfer of
technology through offsets.
Soon
after the deal was signed, Parrikar said in a tweet: "Will significantly
improve India's strike and defence capabilities." The Total Investment & Insurance
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The
tough price negotiations led to a delay in the finalisation of the deal, which
covers delivery of 36 planes, spares and weapons. The Total Investment & Insurance Solutions
The
fighter plane will be equipped with Meteor, a beyond-visual range air-to-air
missile expected to considerably advance IAF's capability in aerial
combat.
The
Rafale aircraft would have advanced features like advanced electronically
scanned array radar, mid-air refuelling and advanced electronic warfare
equipment.
Informed
sources said the jets would arrive in India in batches, with the first two
coming in the next few months. The
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A team
from France was camping in New Delhi for some weeks for negotiating the
deal.
India
had decided to ink the deal for 126 Rafale jets in 2012 during the previous
United Progressive Alliance government. The deal was estimated to cost $10.2
billion and the plan was to acquire 18 aircraft in fly-away condition and
manufacturing the rest in India.
However,
during Prime Minister Narendra Modi's visit to France in April last year, India
conveyed that it would like to acquire 36 Rafale jets in fly-away condition as
quickly as possible in view of the IAF's critical operational necessity for the
multi-role combat aircraft.
A
Memorandum of Understanding was signed with France in January this year for the
purchase of 36 Rafale aircraft.The
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