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Friday, 23 September 2016

India signs Euro 7.8 billion deal for 36 Rafale fighters; no options for more

Each bare-bones Rafale to cost Rs 686 crore; will be IAF’s most expensive fighter By Ajai Shukla Business Standard, 24th Sept 16 On Friday, India drew the curtain on a tortuous, nine-year selection process for a medium, multi-role fighter, signing up to buy 36 Rafale fighter aircraft from French aerospace vendor, Dassault, for Euro 7.8 billion (Rs 58,000 crore). In New Delhi,

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