The deals are estimated to be worth over Rs 90,000 crore but the final cost would be clear only after the contract negotiations are completed which will be held after the deal is announced.
In what looks like a U-turn, former French President Francois Hollande seems to have backtracked from his earlier claim on Rafale deal that Narendra Modi government had proposed the name of Indian partner for Dassault Aviation, who is responsible for making the fighter aircraft. According to news agency AFP, Hollande said that France “did not choose Reliance in any way”.