India has failed to meet Defence Minister Manohar Parrikar’s June deadline to close a deal with France for 36 Dassault Rafale fighters for the Indian Air Force (IAF).
Negotiations remain stalemated over cost, offsets and legal issues, with industry sources telling IHS Jane’s that no talks have taken place in recent weeks between the two sides to advance the Rafale purchase under a bilateral inter-governmental agreement announced by Indian Prime Minister Narendra Modi in Paris in April 2015.
Officials also told IHS Jane’s that India’s Ministry of Defence (MoD) is still evaluating France’s revised and reportedly final offer of EUR7.5 billion (USD8.46 billion) for the 36 fighters.
It’s becoming like a Korean drama 150 episodes!
At this rate we might see PAK FA inducted into IAF before Rafale!
Dassault Rafale: Details