At a ceremony to hand over the first two upgraded Mirage 2000 fighter aircraft to India, the company's CEO Eric Trappier declined to give a timeline for the signing of the deal, saying the question should be put to the Indian Defence Ministry.
However, he said it was better to take time now than clarifications being sought after the signing of the contract which he said is already running into thousands of pages.
Dassault CEO also underlined his company's contribution to the Nrendra Modi-led government's 'Make in India' policy and said the Mirage upgrade programme would serve it as the rest of the fleet would be upgraded in Bengaluru and his firm and Thales would offer their complete support.
A deal on Rafale would be a step in that direction, Trappier said.
"Rafale aircraft has been chosen by India after a comprehensive selection process in the frame of the MMRCA competition and exclusive negotiation is ongoing.
Trapper hoped that the contract would be signed soon.
"It's 95 per cent finalised. The contract is being reviewed with the Defence Ministry (India). I prefer we take time now than all the clarifications coming later," he told reporters at a Dassault facility here.
Trappier said he was greatly satisfied that Indian Air Force is keen to get hold of the aircraft.
"You can imagine my great satisfaction to hear from Indian Air Force Chief that he wants the combat-proven fighter Rafale, a logical step for the Indian Air force...I believe that contract finalisation could happen soon," Trappier said adding later that he was told during the Aero India in Bengaluru that the organisation was "desperate" to get new fighters.
Refusing to name Rafale, he had said there was no Plan B if the deal falls through.
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
