India finally seals the long awaited Rafale deal with France for 36 high-tech fighter planes
 Source : Agencies  Date : 23-Sep-2016

New Delhi, September 23: Much awaited deal of 36 hightech Rafale fighters between India and France have been finally approved by both the countries after signing the Mou. According to this deal, India purchased 36 fighter plane from France at the cost of Rs 58,000 crore or 7.8 billion Euros. Defence Minister Manohar Parrikar and his French counterpart Jean Yves LeDrian signed the contract in Delhi on Friday after years of negotiations between the two countries. These fighter planes will definitely strengthen Indian airforce.
Interestingly, according to the contract India will avail latest weapns and spares including the Meteor missile. The above deal is been undertaken after the challenges posed by China for India in international community. France will start the delivery of fighter plane within 36 months and will be completed in 66 months from the date the contract is inked, comes equipped with state-of-the-art missiles like 'Meteor' and 'Scalp' that will give IAF a capability that had been sorely missing in its arsenal.

Like to tell you that, the deal comes with a saving of nearly 750 million Euros, gained through hard negotiations by the Indian side, over the one struck during the previous UPA government, which was scrapped by the Narendra Modi government, besides a 50 per cent offset clause. The 50 per cent offset clause means that Indian businesses, both big and small, will gain work to the tune of over three billion Euros.
The arrival of Rafael will substantially augment the Indian Air Force's capabilities in several mission profiles and put India's hostile neighbours on notice. An additional acquisition of domestically manufactured Rafales post-2021 would buy the Indian defence establishment time to complete its advanced fighter aircraft for the IAF.

As the IAF's description of the tender suggests, the Rafale is a multi-role platform that can be deployed for air dominance, ground support, aerial reconnaissance, and nuclear delivery. The Rafale has already been used in all these capacities - except the last, of course - in Afghanistan, Libya, Mali, and Iraq and maintained a high operational rate throughout. Therefore, these fighter planes are been purchased.

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