In the recent ongoing Monsoon Session of Parliament, Prime Minister Narendra Modi announced to take on the deal on 36 Dassault Rafale aircraft which is to be finalised today in the Parliament. The multirole fighter plane was subjected to be included in Indian Navy as on from April 2015, during his visit to France. Apparently, 16 months later, the deal is to be finally signed in the Parliamentary session today.
India’s request to deliver 36 Rafale aircraft in a fly-away condition got delayed after the announcement of its inclusion in Indian Air Force within 2 years. Although, on July 30, 2015, India dissolved the deal thus withdrawing 126 aircraft MMRCA tender shortly after it missed the July agreement. In fact, the agreed upon terms for 36 Rafale aircraft cost as much as 8 billion USD previously, but now India is approaching France to sign the deal with an offset requirement of 50% along with two bases, regardless of the previous offset of 30% of the total valuation.
As of now, France might provide 36 Rafale aircraft for almost double the amount along with requiring a separate infrastructure, two sets of maintenance, training, as well as armament storage facilities. Earlier in January 2016, Government of India undertook a detailed briefing with French fighter plane manufacturers, so as to procure an initiative of the naval version for the aircraft carriers.
The companies who are eyeing on to buy 36 Rafale multirole fighter aircraft are Kalyani Group, Tata Group, Hindustan Aeronautics Limited, BEML, BEL, etc. Accordingly, the government along with Indian Navy and Airforce wants commonalities between logistics and spares for fighter planes, which could hold almost 54 fighter aircraft most probably pegged at 7.8 billion Euros.