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Rafale deal

topics Updated: May 24, 2016 17:01 IST

Prime Minister Narendra Modi during his visit to France in April, 2015, had announced that India will buy 36 Rafale fighter jets from Paris in a flyaway condition in a government-to-government deal. France is offering the Rafale jets at almost the same price its air force is buying it from the original manufacturer Dassault Aviation. It, however, has rejected Indian negotiators’ demand for a 50% offset clause citing sharp cost escalation but offered to participate in ‘Make in India’ projects to carry forward the talks.