uparyupari
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Finally!
Its true!
India to buy 60+ Rafale jets off the shelf - Rediff.com India News
India is likely to ask for lowering of the price per aircraft too when the G-to-G negotiations get underway.
By ordering 60 aircraft to be manufactured in France itself, the government is also hoping to skirt the tricky issue of guaranteeing quality of work under Hindustan Aeronautics Limited, designated as the Lead Production Agency in India.
The government's drastic decision to scrap the torturous procurement process is aimed at augmenting the IAF's falling numbers as well as save about Rs 60,000 crore (Rs 600 billion) in precious foreign exchange.
The calculation is that the 60-odd aircraft would cost around Rs 45,000 crore (Rs 450 billion) to be paid out over the next four, five years instead of over one lakh crore rupees (Rs 1 trillion) necessary to procure the original number of 126 combat jets.
Unlikely to be True.
45,000 Crores is more than 7 Billion $ or 120 Million $ per Rafale.
That would SUCK since there is No ToT.
Without ToT, Rafale should be less than 100 million $, or its a Rip off.