ashok mourya
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What about rest 63 ,are they going to be in Make in India or they simply decreased the numbers that they flown in tender.
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India to buy 60-63 Rafales jets off the shelf from France; MMRCA deal off:
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SpArK
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India on verge of deal for French Rafale jets - sources
PARIS | By John Irish
A Rafale fighter jet performs during the Aero India air show at Yelahanka air base in Bengaluru February 18, 2015.
Reuters/Abhishek N. Chinnappa/Files
(Reuters) - India is close to finalising a deal for dozens of Rafale fighter jets during its Prime Minister's visit to France on Friday, four French officials said, an agreement that would come after three years of talks between the two countries on a larger contract.
Le Monde newspaper reported earlier on Friday that talks centred on the purchase of 63 Rafale jets for $7.7 billion.
A French diplomatic source said there could be an announcement as early as Friday evening but the deal could involve fewer planes: more than the 24 France sold to Egypt in February but fewer than 50.
"There were discussions that lasted throughout the night," said a French government source, who declined to be identified due to the sensitivity of the talks. "We are probably in the final straight. We have never been so close."
Two other French sources said talks were continuing throughout Friday.
Indian officials confirmed a major push to reach an agreement to buy the Rafales during Prime Minister Narendra Modi’s visit.
Talks have been going on for more than three years amid differences over pricing and local assembly for the planes, which are manufactured by Dassault Aviation.
The firm, whose shares were up 3.6 percent by 1526 GMT, declined to comment, as did the French presidency and the defence ministry.
The original Indian Rafale contract - for 126 planes including 108 made in India - was worth $12 billion but was estimated to have increased to $20 billion, primarily because of the implications of building some of the jets in India.
It is not clear how the Paris talks fit into that deal.
Analysts say the deal with Egypt may have helped break the logjam in negotiations with other customers since they are now on notice that if they want to have Rafales they may have to wait for them.
India's military says it needs to start replacing its ageing jet fleet from 2017.
The Hindustan Times said a direct government-to-government contract for a smaller number of planes was one possible outcome because of problems linked to localising production of most of the planes in India.
Nitin Gokhale, a widely watched defence blogger, said the talks focused on buying between 60 and 63 jets.
A source at the Indian defence ministry said a “serious effort" was under way to reach a solution.
But another Indian official, who requested anonymity, described a possible contract announcement as "a bit of hype." "If things work out and terms are more attractive than earlier, then maybe (we will reach) an understanding."
Modi is in France for a two-day state visit. There is due to be a signing ceremony for various contracts late on Friday and a news conference with President Francois Hollande.
PARIS | By John Irish
A Rafale fighter jet performs during the Aero India air show at Yelahanka air base in Bengaluru February 18, 2015.
Reuters/Abhishek N. Chinnappa/Files
(Reuters) - India is close to finalising a deal for dozens of Rafale fighter jets during its Prime Minister's visit to France on Friday, four French officials said, an agreement that would come after three years of talks between the two countries on a larger contract.
Le Monde newspaper reported earlier on Friday that talks centred on the purchase of 63 Rafale jets for $7.7 billion.
A French diplomatic source said there could be an announcement as early as Friday evening but the deal could involve fewer planes: more than the 24 France sold to Egypt in February but fewer than 50.
"There were discussions that lasted throughout the night," said a French government source, who declined to be identified due to the sensitivity of the talks. "We are probably in the final straight. We have never been so close."
Two other French sources said talks were continuing throughout Friday.
Indian officials confirmed a major push to reach an agreement to buy the Rafales during Prime Minister Narendra Modi’s visit.
Talks have been going on for more than three years amid differences over pricing and local assembly for the planes, which are manufactured by Dassault Aviation.
The firm, whose shares were up 3.6 percent by 1526 GMT, declined to comment, as did the French presidency and the defence ministry.
The original Indian Rafale contract - for 126 planes including 108 made in India - was worth $12 billion but was estimated to have increased to $20 billion, primarily because of the implications of building some of the jets in India.
It is not clear how the Paris talks fit into that deal.
Analysts say the deal with Egypt may have helped break the logjam in negotiations with other customers since they are now on notice that if they want to have Rafales they may have to wait for them.
India's military says it needs to start replacing its ageing jet fleet from 2017.
The Hindustan Times said a direct government-to-government contract for a smaller number of planes was one possible outcome because of problems linked to localising production of most of the planes in India.
Nitin Gokhale, a widely watched defence blogger, said the talks focused on buying between 60 and 63 jets.
A source at the Indian defence ministry said a “serious effort" was under way to reach a solution.
But another Indian official, who requested anonymity, described a possible contract announcement as "a bit of hype." "If things work out and terms are more attractive than earlier, then maybe (we will reach) an understanding."
Modi is in France for a two-day state visit. There is due to be a signing ceremony for various contracts late on Friday and a news conference with President Francois Hollande.
ashok mourya
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According to BFMTV,an "agreement" has been concluded between the two parts and India will only buy 40 Rafales the MMRCA is put aside because of the costs of the TOT,it could be official in the coming hours.
Let's wait an official confirmation though.
Let's wait an official confirmation though.
ashok mourya
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Finally a practical deal that is accepted to both the parties which already delayed by a decade.
cost???
nik141991
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Only 40
this deal is killing me
ashok mourya
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uparyupari
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Must be be little more than 4 Billion $ mentioned earlier.
That would make it little more than 100 million $ per aircraft. A good deal without ToT.
ashok mourya
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In this mean time news came one Indian died in Yemen.
startedWhen exactly is the damn press conference
Stephen Cohen
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PC has begun
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