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India signs 7.8 billion euro deal for 36 Rafale fighter jets from France

(Reuters) - signed a deal to buy 36 fighter jets from France on Friday for close to 7.8 billion euros ($8.7 billion), the country's first major of fighter planes in two decades.

France's Defence Minister Jean-Yves Le Drian inked the agreement with his Indian counterpart Manohar Parrikar in New Delhi, ending almost 18 months of wrangling over financial terms between and Aviation, the jet's manufacturer.

India's defence ministry said it would confirm the exact price later on Friday, but officials said it would be close to 7.8 billion euros.

($1 = 0.8920 euros)

(Reporting by Nigam Prusty and Tommy Wilkes; Editing by Sanjeev Miglani)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Business Standard

India signs 7.8 billion euro deal for 36 Rafale fighter jets from France

Reuters  |  NEW DELHI 

(Reuters) - signed a deal to buy 36 fighter jets from France on Friday for close to 7.8 billion euros ($8.7 billion), the country's first major of fighter planes in two decades.

France's Defence Minister Jean-Yves Le Drian inked the agreement with his Indian counterpart Manohar Parrikar in New Delhi, ending almost 18 months of wrangling over financial terms between and Aviation, the jet's manufacturer.

India's defence ministry said it would confirm the exact price later on Friday, but officials said it would be close to 7.8 billion euros.

($1 = 0.8920 euros)

(Reporting by Nigam Prusty and Tommy Wilkes; Editing by Sanjeev Miglani)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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India signs 7.8 billion euro deal for 36 Rafale fighter jets from France

NEW DELHI (Reuters) - India signed a deal to buy 36 Rafale fighter jets from France on Friday for close to 7.8 billion euros ($8.7 billion), the country's first major acquisition of fighter planes in two decades.

(Reuters) - signed a deal to buy 36 fighter jets from France on Friday for close to 7.8 billion euros ($8.7 billion), the country's first major of fighter planes in two decades.

France's Defence Minister Jean-Yves Le Drian inked the agreement with his Indian counterpart Manohar Parrikar in New Delhi, ending almost 18 months of wrangling over financial terms between and Aviation, the jet's manufacturer.

India's defence ministry said it would confirm the exact price later on Friday, but officials said it would be close to 7.8 billion euros.

($1 = 0.8920 euros)

(Reporting by Nigam Prusty and Tommy Wilkes; Editing by Sanjeev Miglani)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

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