Bomb bays to Delhi
India favours France’s Dassault
“WE'VE been waiting for this day for 30 years,” said Nicolas Sarkozy, France's president, on the news this week that India had gone into exclusive negotiations with Dassault Aviation, a French firm, to buy 126 of its Rafale warplanes for $15 billion-20 billion. France has not sold a single Rafale overseas, and until this week the plane's future looked iffy. Shares in Dassault Aviation soared by 18.5%.
This article appeared in the Business section of the print edition under the headline “Bomb bays to Delhi”
From the February 4th 2012 edition
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