In his first meeting with his French counterpart Jean-Yves Le Drian, Indian Defense Minister Manohar Parrikar raised the MMRCA deal with Dassault and said it would be "resolved in a fast-tracked manner".
This is the second visit to India by the French defense minister in the past six months and the first since Manohar Parrikar became the defense minister.
Dassault won the MMRCA deal to supply 126 fighters to India in 2012 after lodging a lower bid than Eurofighter for a tender with an estimated value of $12 billion.
Negotiations between India and France have been dragging for over two years since the French company was declared the finalist in the $11 billion program to purchase the Rafale fighter planes.
Dassault has had reservations over HAL's capacity to absorb complex technology and wanted to rope in other private sector companies for manufacturing the jets in India. However, New Delhi has always maintained that HAL would remain a lead player.
Offset hurdles have been the major road block to signing the deal. In 2013, Dassault wrote to the Indian MoD demanding it be given the overall responsibility of the project and clearly identify HALs role.
Despite the ministry asserting that HAL would act as the project’s ‘lead-integrator’ as per the terms of the RFI issued in 2007, Dassault in its letter insisted that it be given the freedom to decide on the quantum of work to be shared between companies.
According to the original terms, 18 of the 126 planes are to be purchased directly from Dassault, while HAL will manufacture the other 108 under a licence at an upcoming facility in Bangalore.
"Both sides agreed to take forward the strategic co-operation between the two countries. They discussed all issues including Rafale. It was decided that whatever differences still existed would be resolved in a fast-track manner," said Indian defence ministry spokesman Sitanshu Kar.
Indias $20 billion medium multi-role combat aircraft (MMRCA) project for 126 Rafale fighters that is reportedly stalled in the final stages will be the crux of discussions when French Defence Minister Jean-Yves Le Drian calls on his Indian counterpart Manohar Parrikar on his three day visit to New Delhi next week. There hasnt been much progress in the stalled MMRCA deal for the last one year
The $22 billion fighter aircraft deal between India and Dassault is close to being inked, Indian Air Force Chief (IAF) Arup Raha said Wednesday. Raha said a deadline for finalization of the deal had not been set but added "it`s going to happen soon"
Indias long-awaited MMRCA project with Dassault could be affected in the wake of New Delhis decision to stay all future projects with Finmeccanica, its subsidiaries and affiliates. Finmeccanica holds a 25 per cent share in MBDA, a joint venture with EADS (now Airbus) and BAE Systems, which is pitching its Meteor air-to-air missile to India as a weapon for its planned fleet of 126 Rafale fighters
Britain still eyeing the MMRCA fighter jet deal.Britian still believes it can override the Frances Rafale multi-billion dollar combat jet bid with Eurofighter
Indias $20 billion deal to buy Rafale fighter jets may not conclude this financial year as negotiations are still to be completed without which budgetary provision cannot be made. The Indian budget for fiscal 2014-15 is scheduled for July during which a higher allocation for defence as compared to last year could be made
Ahead of the conclusion of the financial negotiations in the MMRCA deal, Dassault has pulled out all stops in raising its sales pitch to the Indian government. Showcasing its full might, the Rafale is participating for the first time in the Garuda V exercises against the Indian Air Forces Su-30s
Indian defense minister, Manohar Parrikar made it abundantly clear today that Dassault Rafale is very much in the reckoning in the Indian MMRCA contract during a press briefing at Aero India 2015 Airshow. Decision on the French fighter plane Rafale acquisition will have to wait till March for the Contract Negotiation Committee (CNC) final report, Indian Defense Minister Manohar Parrikar said
French aircraft manufacturer, Dassault is confirming to conditions laid down in the original request for proposals (RFP) in its conduct of negotiations with the contract negotiations committee (CNC) of the Indian MoD over the sale of 126 Rafale fighters. A senior Indian Air Force (IAF) officer in the know of things told Defenseworld
An Indian delegation is currently in Paris to iron out differences between Indian and French positions concerning the potential sale of 126 Dassault Rafale fighters to the Indian Air Force. The Indian Secretary of Defense Radha Krishna Mathur and a senior from Hindustan Aeronautics Limited (HAL) reached France on Monday for two days meeting to meet with their French counterparts
India wants closure on the MMRCA deal to buy 126 Dassault Rafale fighters before Prime Minister Narendra Modi visits France and Germany in April. The deal is struck over price and performance guarantee issues which the Indian MOD claims is not in compliance with the original Request for Proposals (RFP) based on which the French company was selected as the lowest bidder
The Indian Air Force (IAF) is all set to release Phase II of its 3D Mobile Air Combat game, ‘Guardians of the Skies (GOTS) on the android, iOS and windows mobile app stores on December 11, 2014 at the Air Force Auditorium, Subroto Park. GOTS takes the player to a simulated world, wherein the player becomes the part of Air Force engaging in air combat operations against a fictitious country called Zaruzia
Money allocated for modernization of the Indian Armed Forces has fallen short of requirement during fiscal 2014-15. According to figures presented before the Indian parliament earlier this week, the projections for the army, navy and air force are INR 33,167
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