French Government Submits Bid for Indian Navy’s Rafale Marine Jets: Potential Rs 50,000 Crore Deal in Play

The French government has submitted a formal response to #India’s tender for buying 26 #Rafale Marine jets which includes terms-conditions and pricing of the deal for the #IndianNavy’s aircraft carriers — INS Vikrant and INS Vikramaditya, sources in the Defence Ministry said.

Defence sources said that this deal could be estimated at around Rs 50,000 crore.

Sources added that in a response to #India’s letter of acceptance (LoA), #France has now submitted its bid in #NewDelhi.

A team of French government officials dealing with military sales to other countries has come from #Paris to bid on the Indian tender.