India may get Rafale jets sooner than 36 months

The 'vanila price' (just of the aircraft alone) will cost about 91 million Euros each for a single seater

India may get Rafale jets sooner than 36 months
A Rafale fighter jet flies over the factory of French aircraft manufacturer Dassault Aviation in Merignac near Bordeaux during a visit by the French President.
Press Trust of India Pune
Last Updated : Oct 02 2016 | 12:45 PM IST
Defence Minister Manohar Parrikar today said that India may start getting Rafale fighter aircraft from France earlier than the agreed-upon 36 months.

"As per terms of the deal it is 36 months (during which the delivery has to start), but it may come slightly earlier. We have requested them to (deliver it) as fast as possible," he said.

On September 23, India and France signed the Euro 7.87-billion (Rs 59,000 crore approx) deal for Rafale fighter jets, equipped with latest missiles and weapon system besides multiple India-specific modifications that will give the IAF greater "potency" over arch rival Pakistan.

Also Read

The 'vanila price' (just of the aircraft alone) will cost about 91 million Euros each for a single seater and about 94 million Euros for a two seater trainer aircraft.

Parrikar also said that a 12-member committee to suggest structural changes in the military on cutting down flab and reducing revenue (maintenance) expenditure will soon submit its report.

The committee is headed by Lt Gen (Retd) DB Shekatkar.
*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: Oct 02 2016 | 12:13 PM IST

Next Story