France tries to prevent collapse of fighter jet sale to India
NEW DELHI // France’s defence minister will visit New Delhi this week in a fresh bid to secure a troubled deal to sell 126 Rafale fighter jets after a three-year delay and new questions about its cost. Jean-Yves Le Drian will meet his counterpart Manohar Parrikar and other officials on Monday and Tuesday to prevent the sale’s collapse ahead of an upcoming visit to Paris by India’s prime minister Narendra Modi. French company Dassault Aviation won the right in January 2012 to enter exclusive negotiations with India to supply 126 Rafale fighters, with experts saying a final deal could be worth US$12 billion (Dh44.1bn). The idea is for Dassault to supply 18 of the twin-engine fighters later this year while the remaining 108 would be made by state-run Hindustan Aeronautics Ltd under technology transfer agreements with India. But negotiations have proved fraught, both under Mr Modi’s government and its Congress predecessor, while a committee which is looking into the...