MMRCA deal: Rafale negotiations expected to be wrapped up in 3 months

India is closer to finally sealing the almost $20 billion MMRCA (medium multirole combat aircraft) project to acquire 126 French Rafale fighters, which IAF has identified as a top-priority for the Narendra Modi government. Defence ministry sources said the final commercial negotiations for the MMRCA project, which IAF considers "critical" to retain its air combat edge against Pakistan and maintain "dissuasive deterrence" against China, can now "be wrapped up in the next three months".

See the full article at The Times Of India