Draft of multi-billion dollar deal for 126 IAF fighter jets ready

DC CORRESPONDENT
Published Oct 30, 2014, 7:17 am IST
Updated Mar 30, 2019, 6:02 pm IST
The deal could be the biggest step by the Modi government in defence sector
Picture for representational purpose (Photo: PTI/File)
 Picture for representational purpose (Photo: PTI/File)

New Delhi: The draft agreement of the mega multi-billion dollar deal for proposed acquisition of 126 Medium Multi-role Combat Aircraft (MMRCA) with French company Dassault “running into 15,000 pages is almost ready,” sources said on Wednesday, indicating that inking of the proposed deal could be the next biggest step by the Modi government in the defence sector.

Sources said the proposed deal could be inked by the end of this year or early next year adding that “negotiations are proceeding well” between India and France.

 

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