You are here: Home » Economy & Policy » News
Business Standard

India says talks on Rafale jet deal in final stage

Negotiations to bu y 36 French Rafale fighter jets are nearing finish line, says India's defence ministry; sources put price at around $9 billion

Reuters  |  New Delhi 

Negotiations for India to buy 36 French Rafale fighter jets are nearing the finish line, the Indian defence ministry said, with sources saying the price will be set at around $9 billion. Both sides had hoped to wrap up the strategic order during President Francois Hollande's visit for India's Republic Day celebration in January, but hard bargaining on price stalled a final result.Read more from our special coverage on "RAFALE DEAL"India, France narrow down differences; Rafale deal in final stagesPace of Rafale deal not enough: Manohar ParrikarParis acknowledges India may not ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Sat, April 16 2016. 09:08 IST