Trying to get good deal on Rafale: Parrikar

Image
IANS Panaji
Last Updated : Mar 28 2016 | 5:13 PM IST

Defence Minister Manohar Parrikar on Monday admitted that the Rafale aircraft deal was going slow, hinting that India was trying to get a "good deal".

"We are definitely very serious about the Rafale deal, though I agree the speed is not enough, it should soon come to conclusion," Parrikar said at a press conference at the Defexpo being held in Goa.

He said "money" was the hurdle, and added: "We are trying to get a good deal."

Rafale is a multi-role twin-engine aircraft designed and built by Dassault Aviation of France. The initial plans were to buy 126 Rafale jets, a deal which could not fructify, after which a government-to-government contract was signed to buy 36 jets off the shelf.

The Rafale deal is said to be stuck over cost issues.

The Indian Air Force at present has 33 operational squadrons, against a sanctioned strength of 39.5.

The IAF is also awaiting the delivery of its first squadron of indigenous Tejas light combat aircraft.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Mar 28 2016 | 5:02 PM IST

Next Story