India has received price bids from France for the purchase of 26 Rafale-M carrier-based fighters as well as three additional Scorpene-class conventional submarines.
While the Rafale-M is being processed through an Inter-governmental agreement, the submarine deal is a follow-on to the earlier contract with Naval Group, under which Mazagon Dockyard Shipbuilders Limited (MDL), Mumbai manufactured six submarines in India. The Defence Ministry has already set up a committee to arrive at the benchmark price for the submarine deal, sources said.
