Indian and French teams discussing the Dassault Rafale fighter jet purchase could wrap up their discussions within the next fortnight.
According to informed sources, the talks are progressing and a draft agreement could be hammered out as early as the first week of September.
Meanwhile, a Reuters report quoted French sources as stating that an agreement is possible within the next 10 days. No further details were available.
A spokesperson of the Indian Air Force (IAF) told defenseworld.net correspondent earlier this week that that the contract negotiations were on.
Last week, there had been reports that the proposal to purchase 36 fighters could be delayed due to differences over offsets and price of the twin-engine fighter.
India is planning to buy 36 fighters off-the-shelf to meet the ‘urgent’ requirements of the IAF.