India, France ink Rs 60,000 crore Rafale deal

The purchase of the 36 Rafale jets from France would cost India around Rs 60,000 crore.

By: Express Web Desk | New Delhi | Updated: January 26, 2016 4:10 am
Rafale deal, Rafale French deal, india rafale deal, Rafale jets, Indian airforce, Defence Ministry, Dassault, Foreign Military Sales, india news, news The purchase of the 36 Rafale jets from France would cost India around Rs 60,000 crore.

India and France on Monday signed a Memorandum of Understanding over the purchase of 36 Rafale jets. The deal, announced in April by Prime Minsiter Narendra Modi, has been in limbo after negotiations hit a roadblock over price issues. The purchase of the 36 Rafale jets from France would cost India around Rs 60,000 crore.

“We are very happy that we have formed an agreement for purchase of 36 Rafale aircrafts with France,” said PM Modi.

The decision taken today will strengthen our bilateral relations, he added.

French President Francois Hollande, who is currently in India as chief guest for Republic Day celebrations, told media on his arrival that negotiations over the sale of Rafale jets are on the right track.

He also noted that Indo-French cooperation in defence “is part of our strategic partnership. It is based on trust, a very strong trust between both our countries.”

The purchase of jets will boost the Indian Air Force assets and provide India with a strategic edge over neighbours.

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  1. A
    Arvind Baba
    Jan 25, 2016 at 12:33 pm
    During the Congress party’s rule the Indian government did not blink at the prospective bill for the Rafale, which more than doubled from $10 billion in 2009 to some $22 billion today, and which figure realistically will exceed $30 billion, or $238 million per aircraft, at a minimum. But India, unbeknownst to most of us, is apparently a terribly rich country, with money to burn! Meanwhile, the United Kingdom, an apparently poorer state or at least one more careful with its money, is blanching at the $190 million price tag for each of the 60 Lockheed F-35Bs (vertical take-off, technologically more complex, variant of the air force model)—a full generation ahead of the Rafale—ordered for the first of the Royal Navy’s Queen Elizabeth-cl 65,000-tonne aircraft carriers.
    Reply
  2. S
    Sirius
    Jan 25, 2016 at 3:17 pm
    All three, Tejas, Rafael and Su30, have different mission roles. We need all three , ASAP ...
    Reply
    1. F
      Final.Settlement
      Jan 25, 2016 at 5:59 pm
      Smoking missiles in the delta wings. I wonder which jet( leave alone fighter jets) smokes so lethargically even in photos! Something is really smoking. Wonder how many lickspittles got their life settled!!!!!!!
      Reply
      1. F
        FekuSarkar
        Jan 25, 2016 at 5:58 pm
        Waste of Money, frances plane are useless against Daesh, we should instead give that money to poor in india and stan and they ll protect India with their own lives!!
        Reply
        1. D
          Delta
          Jan 25, 2016 at 12:33 pm
          Congratulations Modi and welcome to new angle in KICKBACKS.
          Reply
          1. P
            PROUD.SHAMELESS.INDIAN
            Jan 25, 2016 at 12:49 pm
            MORE EMPLOYEMENT FOR FRENCH PEOPLE. MORE EMPLOYMENT FOR RSS RECOMMENDED NATURALLY INCOMPETENT BRAHMIN LICKSPITTLE AS CEOs IF RAFAEL INDIA. WOW....
            Reply
            1. A
              AZZ.brahmin
              Jan 25, 2016 at 12:51 pm
              AZZ I am a brahmin, I totally support this DEAL!
              Reply
              1. N
                Next.Destination.for.investment.Israel.defense.R.a
                Jan 25, 2016 at 12:40 pm
                INDIA INVESTS RS.60000 CRORES IN THE D DEPARTMENT IF RAFAEL, FRANCE. ALL YOU INDIAN ENGINEERS, SCIENTISTS, PUT YOUR MIDDLE FINGER IN YOUR MOUTH FOR THE REST OF YOUR LIFE. ALL YOUR EDUCATION HAS GONE WASTE. CONVERT YOURSELVES INTO HIGHLY PAID DESK CLERKS! DO A B-era JOB FOR THE REST OF YOUR LIFE.
                Reply
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