May 29, 2024
1 min read

India, France to begin talks on Rs 50,000 crore Rafale Marine deal

The Indian side would include members from the defence acquisition wing and the Indian Navy….reports Asian Lite News

In a significant development, contract negotiations between the governments of India and France in the over Rs 50,000 crore deal for 26 Rafale Marine fighter jets is scheduled to begin on May 30 with the arrival of a high-level French team here.

The French side would meet with Indian Defence Ministry counterparts to begin official negotiations in the fighter jet deal for the Indian Navy under which aircraft would be operated from both aircraft carriers operated by the force, defence industry officials said.

The French team will include officials from their defence ministry and industry including original equipment manufacturers Dassault Aviation and Thales, the officials said.

The Indian side would include members from the defence acquisition wing and the Indian Navy.

Sources in the government said that they would try to complete negotiations with France and sign the agreement by the end of this financial year.

France had submitted its response to India’s tender for buying 26 Rafale Marine jets for the Indian Navy’s aircraft carriers – INS Vikrant and INS Vikramaditya in December itself.

The response to India’s Letter of Acceptance had been submitted by France in New Delhi.

The Indian side has carried out a detailed study of the French bid for the Indian deal including the commercial offer or price for the aircraft, along with other details of the contract, they said.

India will now go in for tough negotiations in the deal with French government officials, as it is a government-to-government contract. (ANI)

ALSO READ: ‘Modi misleading people in name of religion for power’

Previous Story

India announces $1 mn relief aid for Papua New Guinea

Next Story

‘Kohli a Global Sporting Superstar’

Latest from -Top News

Trump unhappy with deadly strikes on Kyiv 

The president said he is “putting a lot of pressure” on both sides to end the war in Ukraine, following the deadliest attacks Kyiv has seen since last July  President Donald Trump

Macron: ‘We Stand with India’

Macron said that France will stand together with its allies and would continue the fight against terrorism wherever necessary….reports Asian Lite News French President Emmanuel Macron on Friday spoke to Prime Minister

Pakistan Slams IWT Move as ‘Act of War’

Islamabad also said that India’s decision to suspend the Indus Waters Treaty (IWT) will be considered as an “act of war”…reports Asian Lite News The high-level emergency meeting of Pakistan’s National Security

Modi: We’ll Hunt Them Down

The Prime Minister thanked nations that extended support to India in the aftermath of the terror attack…reports Asian Lite News In his first address after the horrific terror attack in Pahalgam, Jammu
Go toTop

Don't Miss

Maha Kumbh’s Global Spotlight

The delegation expressed gratitude to the Central and Uttar Pradesh

EU, India ink declaration of intent to strengthen cooperation

The Secretary, ministry of Civil Aviation, Rajiv Bansal addressing the