The approval was given by India’s Cabinet Committee on Security, which is headed by the country’s Prime Minister Narendra Modi, said two senior government officials.
The officials didn’t want to be named or disclose the exact value of the deal which analysts estimate to be in the billions of dollars.
http://www.wsj.com/articles/india-clears-dassaults-rafale-fighter-jet-deal-1474475774
Indian cabinet approves Rafale fighter purchase
The acquisition is part of a $150B military overhaul India has launched, drawing global arms makers into one of the world's most promising markets.
India and France to sign fighter jet deal
In 2012, Dassault won an Indian contract for 126 Rafale fighters that was followed by protracted negotiations on the cost and assembly of the planes.
Three years later, both sides scaled down the original plan, with New Delhi agreeing to buy 36 Rafale jets in ready-to-fly condition to meet the urgent needs of the its air force
Three years later, both sides scaled down the original plan, with New Delhi agreeing to buy 36 Rafale jets in ready-to-fly condition to meet the urgent needs of the its air force
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