DTN News -INDIA DEFENSE NEWS: Dassault Aviation "Confident" of Talks With India on The Sale of 126 Rafales
(NSI News Source Info) TORONTO, Canada - February 15, 2015: French defence company Dassault Aviation on Friday said it was "very confident" that three years of talks with India on the sale of 126 Rafales worth 12 billion euros would result in a deal.
Eric Trappier, chief executive of Dassault Aviation which manufactures Rafale, in an interview with BFM television, said talks were slow as India wanted some of the jets manufactured at home in a bid to boost defence manufacturing, meaning the details of every nut and bolt had to be agreed upon.
The negotiations have got into trouble recently, leading to delay in finalisation of the contract for supply of 126 fighter planes.
In addition to recent visit to New Delhi of French Foreign Minister Laurent Fabius said he was confident about the outcome of talks to sell 126 Rafale fighter jets to India in a multi-billion-dollar deal that has been stalled for months.
Fabius is the first of a string of Western politicians due in New Delhi over the next few weeks for talks with the new government of Prime Minister Narendra Modi. They are drawn in part by the prospect of defence deals, as the new administration considers opening the industry to foreign investment.
"The discussion is developing in a very positive way and ... we are very confident in the final outcome," Fabius told reporters in the Indian capital.
*Source: DTN News - - This article compiled by K. V. Seth from reliable sources
*Photograph: IPF (International Pool of Friends) - Internet
*Presented & compiled for DTN News ~ Defense-Technology News
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