"The talks have been very hectic. There are a lot of fine prints that both sides look into. The talks will most likely take one more month," defence sources told PTI.
"The French side is here three times every month and every effort is on to wrap up the talks fast," they said.
Also Read
India's insistence on 50% off-set clause, tweaking of weaponry technology and plans to set up two bases were among the sticking points that had cropped up during the talks that began after Prime Minister Narendra Modi announced the decision to acquire the fighter jets during his trip to France in April.
If things proceed smoothly, a government-to-government agreement between India and France could be signed soon, paving the way for the final contract for the purchase of the aircraft.
Modi's decision to buy the jets, citing operational requirements of the IAF, had given a boost to the modernisation plans of the air force as the original deal for 126 Rafale jets through a tendering process was stuck for years.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)