Show: Business
Category: Business
Tags:
India,Rafale jets,MMRCA. French Government,English
Published Date: February 01, 2012
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France, February 1 (ANI): In a historic development, India will buy 126 French made combat aircraft in a massive $11 billion deal that will increase the might of the world's fourth largest air force with the first exported Rafale jets. The Rafale fighter jet built by the French firm Dassault emerged as the lowest tender in the Medium Multi Role Combat Aircraft (MMRCA) competition beating the only other rival Eurofighter. Negotiations will include important technology transfers guaranteed by the French Government.