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India Inks Deal To Buy 36 French Rafale Fighter Jets

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Mani
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India signed an agreement with France on Monday to purchase French-built Rafale fighter planes as India looks to modernize its aging Soviet-era military equipment. However, the crucial issue of pricing is yet to be resolved with the French president, indicating that this will be sorted out in a “few days.”

India Inks Deal To Buy 36 French Rafale Fighter Jets
Source: Pixabay

India signs MOU with France to buy Rafale fighters

India and France signed an MOU towards an Inter-Government Agreement which will form the basis for India’s purchase of 36 Rafale fighter jets from France. French President Francois Hollande is...

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports