New Delhi: With over 16 months passing since the announcement that the India would acquire 36 Rafale jets from France, the Cabinet Committee on Security may finally seal the deal on one of the most talked-about acquisition of fighter aircrafts today.
If the deal is Okayed by the Indian government, the 36 fighter jets will be in a 'ready to fly' condition from France-based Dassault Aviation. Defence manufacturers in India will fulfil 50% of the total amount of the deal which sets at about Euro 7.8 billion.
The Rafale aircraft deal has passed through many rounds of negotiations which have been countered and re-countered multiple times. A closure on the deal finally came with the visit of French president Francois Hollande to India.