Officials say the final deal is unlikely to be concluded during French President Francois Hollande’s India visit due to differences over pricing.
- With French President François Hollande scheduled to arrive in India on January 24 as the chief guest for the Republic Day parade.
- India and France are holding hectic discussions to conclude the government-to-government (G-to-G) agreement for the direct purchase of 36 Rafale fighter jets.
- Efforts are on to reduce the price by 20 per cent.
- In comparison, a Sukhoi-30 MKI aircraft which India is assembling through technology transfer from Russia costs less than half, raising questions on the cost.