Latest update: 29/02/2012
- aerospace - defence - France - India - investment - Rafale fighter jet
India's Rafale: 'The mother of all deals'
On January 31st, the Indian authorities revealed Dassault Aviation would be the sole preferred bidder for the sale of 126 Rafale fighter jets- a mammoth deal which could total 11 billion euros. How has India reacted to the announcement and what sort of impact will the deal have? Is the Rafale an expensive mistake or a potential game-changer for the country’s nascent aerospace industry? Our correspondent Vikram Singh went to the southern city of Bangalore to find out.
By Vikram Singh