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Rafale deal talks with India progressing well: French Prez

Feb 14 2013 00:00 IST
India and France are speeding up negotiations on a $10 billion deal for 126 Rafale aircraft said French President Francois Hollande following months of delays because of disagreements over the cost of building them in India. India started exclusive talks with French Dassault Aviation's Rafale for a 126-plane order in January 2012, over the competing Eurofighter Typhoon. The two sides still have to sign a final contract. Addressing a news conference in New Delhi today as part of his two-day state visit, Hollande hoped that the deal would succeed after fruitful discussions with Prime Minister, Manmohan Singh.