Rafale deal "highest priority" in India FY14 budget: air force chief
BANGALORE (Reuters) - India's agreement to buy 126 Rafale fighter jets from France's Dassault Aviation (AVMD.PA) is of the "highest priority" in India's budget for the upcoming financial year that begins in April, Air Chief Marshal N.A.K. Browne said on Thursday.
India picked the Rafale jet for exclusive negotiations over a year ago after a hotly contested bidding war with rival manufacturers, but is still to finalise the $10 billion deal.
The deal would not be signed during a visit of French President Francois Hollande to India next week, a diplomatic source said on Wednesday.
(Reporting by Anurag Kotoky; Writing by Henry Foy; Editing by Jeremy Laurence)
- Tweet this
- Share this
- Digg this
- China not warlike, says Xi, as border standoff dominates India trip
- Modi calls for early settlement of China border issue
- Former New Zealand captain Martin Crowe suffers cancer relapse
- UPDATE 2-Border standoff dominates China Xi's visit to India
- Mars mission enters last lap; crucial test on Sept. 24
A standoff between Indian and Chinese soldiers overshadowed a visit to New Delhi by China's President Xi Jinping on Thursday, with a $20 billion investment pledge eclipsed by robust comments from Prime Minister Narendra Modi about the dispute. Full Article | Slideshow