Watch: How a decision by Prime Minister Modi raised the prices of Rafale jets by 41%

Nationa

Watch: How a decision by Prime Minister Modi raised the prices of Rafale jets by 41%

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A big increase in price-per-jet came because a deal bypassing mandated procedures and made in the face of official objections resulted in €1.3 billion ‘non-recurring’ cost attributed to the ‘Design and Development’ of 13 India Specific Enhancements being spread over 36 instead of 126 aircraft.

 

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