Defence Ministry on Thursday authorised plans to purchase 26 Rafale fighter plane and three Scorpene class standard submarines for the Indian Navy from France.
The proposals had been authorised by the Defence Acquisition Council (DAC) assembly attended by Defence Minister Rajanth Singh, Chief of Defence Employees Gen Anil Chauhan and the three providers chiefs and senior officers, defence officers instructed ANI.
The offers, which have been accorded Acceptance of Necessity by DAC, are more likely to be introduced throughout Prime Minister Modi’s go to to France, sources stated. PM Modi launched into a two-day go to to France on Thursday morning.
As per the proposals, the Indian Navy will get 22 single-seated Rafale Marine plane together with 4 coach plane.
The Navy has been urgent for buying these fighter plane and submarines urgently because the drive has been dealing with shortages in view of the safety challenges across the nation.
The plane carriers INS Vikramaditya and Vikrant have been working the MiG-29s and want the Rafales for operations on each carriers.
In the meantime, the three Scorpene class submarines could be acquired underneath the repeat clause by the Navy as a part of Mission 75 and could be constructed on the Mazagon Dockyards Restricted in Mumbai.
The offers are estimated to be price over Rs 90,000 crore however the ultimate price could be clear solely after the contract negotiations are accomplished which might be held after the deal is introduced.
India is more likely to search worth concessions within the deal and could be insisting on having extra ‘Make-in-India’ content material within the plan, sources stated.
Trade sources stated for the Rafale-Marine deal, India and France are anticipated to type a joint crew for negotiations as was achieved for the earlier Rafale deal for 36 fighter plane.
The deal could be negotiated and solely after that it might be finalised and carried out by the 2 sides.
First Printed: Jul 13 2023 | 2:41 PM IST