Eurofighter still in race for India jet deal: CEO

ABU DHABI Mon Feb 18, 2013 7:00pm IST

People look at an Eurofighter Typhoon aircraft on display during the International Defence Exhibition and Conference (IDEX) at the Abu Dhabi National Exhibition Centre February 17, 2013. REUTERS/Ben Job

People look at an Eurofighter Typhoon aircraft on display during the International Defence Exhibition and Conference (IDEX) at the Abu Dhabi National Exhibition Centre February 17, 2013.

Credit: Reuters/Ben Job

Related Topics

Stocks

   

ABU DHABI (Reuters) - The chief of the Eurofighter Typhoon said on Monday that it is still in the race for a fighter jet deal in India as British Prime Minster David Cameron began his tour to win new trade in the Asian country.

"We believe the Eurofighter is still there," Eurofighter Chief Executive Enzo Casolini said at a press briefing in Abu Dhabi. "We are on standby, in case they come back to us."

India started exclusive talks with France's Dassault Aviation (AVMD.PA) for an order of 126 Rafale jets worth $10 billion in January 2012, over the competing British-backed Typhoon.

However, more than a year later, the two sides still have yet to sign a final contract because of disagreements over the cost of building them in India.

David Cameron arrived in India on Monday to try to win new trade and investment and is hoping New Delhi will change its mind and choose the Eurofighter.

Cameron's job of persuading India to buy more civil and military hardware will not be easy. India said on Friday it wanted to cancel a $750 million deal for a dozen helicopters made by AgustaWestland, the Anglo-Italian subsidiary of Italy's Finmeccanica (SIFI.MI), over bribery claims.

A British government source said last week that Hollande had not finalised the Rafale deal during his own trip to India earlier in the month.

The Typhoon was developed by a consortium of BAE (BAES.L), Finmeccanica (SIFI.MI) of Italy and EADS EAD.PA.

"I think our technology transfer offer to India was fantastic. And India had a very demanding target," Casolini said. (Reporting by Praveen Menon; Editing by Louise Heavens)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Economic Pulse

REUTERS SHOWCASE

NSEL Fraud

NSEL Fraud

Govt orders Financial Tech to absorb NSEL, liabilities  Full Article 

Stalemate

Stalemate

WTO prepares for crisis talks as India keeps veto on global deal.  Full Article 

Deal Talk

Deal Talk

Smartphone repair company B2X steps up expansion with Indian deal.  Full Article 

Earnings Season

Earnings Season

HDFC Bank eyes pickup in corporate credit.  Full Article 

JLR China

JLR China

JLR sees 20 percent growth in China sales this year - exec  Full Article 

Iron Ore Imports

Iron Ore Imports

JSW Steel to boost iron ore imports by up to 80 percent.  Full Article 

Pollution Levels

Pollution Levels

Delhi braces for worst air quality this Diwali week.  Full Article 

Remembering Margerie

Remembering Margerie

Total’s "Big Moustache"- bon vivant, deal-maker and risk-taker .  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage