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2016-04-22 ArtNo.45709
◆India likely to put on hold purchase of Japanese plane




【New Delhi】Sale of 15 US-2i (Utility Seaplane Mark 2) amphibious aircraft from ShinMaywa Industries, Japan, to India is unlikely to materialise soon as the Indian Navy, the end user, finds it overpriced and not of immediate requirement.
 Both the countries recently inked an agreement to facilitate export of the amphibious search-and-rescue (SAR) aircraft to India. The deal is estimated at $1.65 billion.
 Japanese defense minister Nakatani is expected to visit India early next month and discuss with defence minister Manohar Parrikar as well as senior Navy officers the status of the sale plan, which has been in the pipeline for the past few years.
 The visit coincides with the expected meeting of the Defence Acquisition Council under Parrikar. According to sources, US-2i is on the agenda of the meeting.
 Sources in the ministry of defence (MoD) told the Financial Express, "Right now, the US-2i is not the immediate requirement of the Indian Navy which is the end user. Also, after several round of discussions between two sides, costs are not in line with what the Navy anticipated."
○Government likely to pay Rs 58k cr for Rafale jets




【New Delhi】 The price negotiations on the much-awaited military deal to purchase 36 Rafale fighter jets from France, may have entered the last leg with both sides veering towards a price of about Rs 58,000 crore for the fleet.
 After almost a year of negotiations, New Delhi and Paris seem to be closing the deal around a price of 7.8 billion Euro though there is no official confirmation on that. If everything goes as per the plan, the deal may be signed in May.
○Govt sitting on proposals to sell BrahMos missile




【New Delhi】India has the world's fastest anti-ship cruise missile, BrahMos, which a number of countries want to buy. However, a lack of clarity in the defence exports policy means that it has not yet been sold.
 BrahMos is a short-range ramjet supersonic cruise missile that can be launched from submarines, ships, aircraft or land. It is a joint venture between Russia's NPO Mashinostroeyenia and the Defence Research and Development Organisation of India. They have formed BrahMos Aerospace Private Limited to make the missile.
【News source】

India likely to put on hold purchase of Japanese plane

Government likely to pay Rs 58k cr for Rafale jets

Govt sitting on proposals to sell BrahMos missile

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