India Goes Full Steam to Finalize $10.4bn Jet Deal

Rejecting the carping by those ejected out of the hotly-contested $10.4 billion MMRCA (medium multi-role combat aircraft) race, most notably the US, India is going full throttle to ink the "mother of all defence deals'' by December. The aim is to ensure that deliveries of the 126 fighters begin from December 2014 onwards to stem IAF's fast-eroding combat edge. Top defence sources, in fact, said plans were afoot to base the first MMRCA squadron in the western sector, most probably at Ambala, by end-2015. The first 18 jets will come in "fly-away condition" from the aviation major -- only Eurofighter Typhoon (EADS) and French Rafale (Dassault) are now left in contention -- finally selected for the project. Subsequent batches of the 108 fighters, to be manufactured in India by Hindustan Aeronautics (HAL) after transfer of technology, will progressively be based in other operationally relevant locations, with special focus on the eastern front with China. "The first fighter built in HAL should roll out in December 2016. Thereafter, HAL will deliver six jets per year, which will go up to 20 per year later. HAL will achieve 85% technology absorption by the end,'' said a source.