France in new bid to nail fighter jet deal with India

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Agencies :
France’s defence minister will visit New Delhi this week in a fresh bid to nail a troubled deal to sell 126 Rafale fighter jets which has been snagged for three years and now faces new questions about its cost.
Jean-Yves Le Drian will meet his counterpart Manohar Parrikar and other officials on Monday and Tuesday to prevent the sale’s collapse ahead of an upcoming visit to Paris by India’s Prime Minister Narendra Modi.
French company Dassault Aviation won the right in January 2012 to enter exclusive negotiations with India to supply 126 Rafale fighters, with experts saying a final deal could be worth $12 billion.
The idea is for Dassault to supply 18 of the twin-engine fighters later this year while the remaining 108 would be made by state-run Hindustan Aeronautics Ltd under technology transfer agreements with India.
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