New Indian Regime Will Sign Long-Delayed Deals
AIN DEFENSE PERSPECTIVE » MAY 30, 2014 by NEELAM MATHEWS Arun Jaitley, India’s new defense and finance minister, meets Air Chief Marshal Arup Raha. (Photo: Indian MoD) May 29, 2014, 3:55 PM A lack of decision-making on large Indian defense procurement deals in the past two years is expected to end with the swearing-in of the new government headed by Prime Minister Narendra Modi. Changes in procurement and offset policies are also expected. Major projects that are in the final stage of processing and require a signature for conclusion include the 126-aircraft medium multi-role combat aircraft ( MMRCA ) won by Dassault Aviation’s Rafale ; the Airbus A330 multi-role tanker transport ( MRTT ); and naval multi-role helicopters. While these are likely to be signed this financial year, a crash crunch could hold other decisions until next year. To fast-track some projects, the Ministry of Defence has proposed an approxim...