Rafale deal to be signed on September 23

The much-anticipated contract for 36 Rafale fighter jets will be signed on September 23 as both India and France have finalized the details for the deal, which will cost about Euro 7.87 billion.

By: Express Web Desk | New Delhi | Published: September 15, 2016 7:09 pm
rafale deal, There was buzz that the Scorpene leak might affect the Rafale deal, but Defence Minister Manohar Parrikar had assured that the leaked documents are not of concern.

The much-anticipated contract for 36 Rafale fighter jets will be signed on September 23 as both India and France have finalized the details for the deal, which will cost about Euro 7.87 billion.

There was buzz that the Scorpene leak might affect the Rafale deal, but Defence Minister Manohar Parrikar had assured that the leaked documents are not of concern.

Government sources said the cost, offsets and service details have been finalized and the work is being done on the Inter-Governmental Agreement for the deal.

A “working team” from France is already in town with their own translators and are going through the contract, running into several thousand pages, with their Indian counterparts.

The sources said that once the IGA is firmed up, the document will go back to the Cabinet Committee on Security for a final clearance.

They said that India has been able to save over Euro 590 million+ through tough price negotiations which began in January this year.
Though the deal could have been firmed up earlier, issues like pricing and offsets took time as India wanted a better contract.

Following intervention by Prime Minister Modi late last year, France agreed for a 50 per cent offset clause. This means creating business worth at least three billion Euros for Indian companies, both big and small, and generating thousands of jobs in India through offsets.

A high-level delegation from France could come down for the formal signing of the contract, French sources said.

The delivery for the fighter aircraft is expected to begin in 2019, with an annual inflation capped at 3.5 per cent.
The weapon systems, part of the deal, will also include the new-age, beyond visual range missile ‘Meteor’, and Israeli helmet mounted display.

(With inputs from PTI)

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  1. Y
    Yakobi
    Sep 15, 2016 at 6:55 pm
    or better a hindoo, to cleanse earth of hindoos out laws and their hindoo criminal manifesto of hindooism illegality from the face of earth.
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    1. G
      Gina
      Sep 15, 2016 at 3:18 pm
      WILL YOU BELIEVE RAFAEL DEAL WAS ACTUALLY SIGNED BY AISHWARYA RAI AND FRACOIS HOLLANDE. lt;br/gt;lt;br/gt;WE ALL KNOW VERY WELL WHAT A BARB-ARYAN HAS BEEN DOING ALL THESE 3000 YEARS, NOW AT LEAST.
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      1. S
        Satendra kumar
        Sep 15, 2016 at 2:14 pm
        The rafale jet between INDIA and FRANCE should be signed and the production should be under made in India for manufacture of the jets.
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        1. A
          amit
          Sep 16, 2016 at 3:34 am
          Moh hammed was a G ay Bas tard..
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          1. A
            amit
            Sep 16, 2016 at 3:55 am
            Well no comment relating to defence is seen in Indian express column as all paid agents of Congress and AAP sit full day waiting for someone to comment. If they comment something positive relating to govts. work agents will haunt you till you run away from this column.. Indian express should take in consideration all this or only paid agents will be left here... lt;br/gt;Rafale is best in cl 4 gen fighter and with Rafales we will get our first Aesa radar Rbe2AA along with best Air to air missile Meteor. This will certainly improve our Bvr capablities and will provide considerable edge over China and stan in Air to Air combat.. Price of Rafale become irrelevant when we consider the amount of technology it carries. Rafales have best avionic, Range and Dogfighting capabilities. It also can deliver nuclear weapons and used as naval fighter reducing the logistics issue... French have agreed to share 16 major technologies along with development of Kaveri engines. French have already helped us develop turbomeca shakti engines for helicoptord and we can count on them for developing our Safran Kaveri fighter engines. This will certainly give a boost to our aviation sector.. lt;br/gt;Mr. Modi did the right thing by canceling the Mmrca deal as Congress had messed it up so badly Rafales would have never come to India. 36 Rafales along with 2 more squadron and 54 naval Rafales will certainly add power to our Airforce and Navy...
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