India to buy Rafale Jets
: All you want know about the Fighter Aircraft
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India to buy Rafale jets
11 Apr, 2015
Text: ET Bureau & Agencies
After a series of twists and turns, a multi-billion dollar deal for new Rafale fighter jets for the Indian Air Force has hit the last mile. In the initial phase of the deal with France, 36 Rafale fighters will be bought off the shelf by India and negotiations will continue for manufacturing more in India at a later stage.
The reworked deal - buying 36 fighters outright with the option for more could be worth up to $7.5 billion - has the potential of pumping in over $2.3 billion into the Indian defence manufacturing sector, a major chunk of which will go to the private industry.
We take a look at how the Rafale jets will boost India's defence capabilities
After a series of twists and turns, a multi-billion dollar deal for new Rafale fighter jets for the Indian Air Force has hit the last mile. In the initial phase of the deal with France, 36 Rafale fighters will be bought off the shelf by India and negotiations will continue for manufacturing more in India at a later stage.
The reworked deal - buying 36 fighters outright with the option for more could be worth up to $7.5 billion - has the potential of pumping in over $2.3 billion into the Indian defence manufacturing sector, a major chunk of which will go to the private industry.
We take a look at how the Rafale jets will boost India's defence capabilities
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