Techno-commercial negotiations on Rafale-M, Scorpene not yet final: Reports
The negotiations on cost and techno-commercial details relating to India’s proposed procurement of 26 Rafale-M fighter jets and three Scorpene submarines from France are not yet concluded, sources said on Tuesday.
India’s state-run ship-builder Mazagon Dock Limited (MDL) and French defence major Naval Group firmed up a framework agreement on July 6 for the Scorpene submarine project but negotiations on price and other technical details are yet to be firmed up, they said.
On the procurement of the Rafale-M, the naval variant of the jet, the sources said the deal will be sealed once the techno-commercial negotiations are concluded.
