French Defence Min Likely to Ink Rafale Deal With India Next Week
The Rafale jets will expectedly cost India Euros 7.87 billion.
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- French Defence Minister, Jean Yves Le Drian will likely be visiting India on 23 September to conclude the 17-month long negotiations between India and France on the purchase of 36 Rafale fighter jets.
- The Rafale deal will expectedly cost India Euros 7.87 billion, that is Rs 55,000 crores as fixed by rate of currency exchange in the contract.
- The fighter jets will be customized as per the requirements of IAF and the delivery will begin from 2019.
(Source: The Hindu)
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