Eighteen fighter aircraft will be delivered in ''fly away'' condition within 36 months and the remaining 108 are to be built by state-owned Hindustan Aeronautics Ltd. through technology transfers.
Defence ministry experts were still fine-tuning pricing details, including the cost of on-board weaponry and royalties for producing the aircraft in India.
IE: France's Dassault Rafale wins IAF's biggest fighter jet deal
Update - Spiegel Online:
So far, all the negotiations Dassault has conducted with foreign governments interested in the Rafale have failed because the fighter jet has a tendency to require a lot of repairs and is thus more expensive to maintain and operate. Dassault has unsuccessfully tried to sell its aircraft to Morocco, Brazil, Switzerland and the United Arab Emirates. In the end, though, not a single potential buyer bit.