French and Indian Leaders Advance Fighter, Helicopter Pacts
by Neelam Mathews Jan 26, 2016 Prime Minister Narendra Modi reaffirmed India’s intention to acquire Rafale fighters from Dassault and military helicopters from Airbus, in talks with President François Hollande. France’s nine-year wait for a contract from India for the Rafale is not quite over, but an inter-government agreement covering acquisition of 36 fighters was signed during President François Hollande’s visit to New Delhi on January 26. Invited by Indian Prime Minister Narendra Modi to be the chief guest at India's Republic Day military parade in New Delhi, Hollande also joined the Indian leader in witnessing the confirmation of a previously announced partnership between Mahindra Defence and Airbus Helicopters. The Rafale signing “has effectively transformed the nature of the transaction from a commercial bid to a government to government sale,” Rahul Gangal, partner with consultancy group Roland and Berger, told AIN . While Dassault Aviation...