India, France sign $6 bn deal on Surface to Air Missile SOURCE: PTI India and France today concluded negotiations on the Short Range Surface to Air Missile nearly worth of $6 billion during the talks between French President Francois Hollande and Prime Minister Manmohan Singh, who also said talks on $10-billion deal for Rafale fighter aircraft are “progressing wellâ€. After a comprehensive talks, the leaders said views were exchanged on a number of bilateral, regional and multilateral issues of common interest including defence ties, civil nuclear cooperation, counter-terrorism and situation in Mali. Observing that India is Hollande’s first Asian destination for a bilateral trip, Singh said this demonstrates the importance of this relationship between the two countries. “President Hollande and I exchanged views on a number of bilateral, regional and multilateral issues of common interest. We reviewed progress on the Jaitapur Nuclear Power Project and reiterated our commitment to its early implementation as soon as the commercial and technical negotiations, which have made good progress, are completed,†Singh said at a joint press event after the talks. Expressing satisfaction with the progress in defence cooperation, Singh said, “Discussions on the MMRCA contract are progressing well. We have also concluded negotiations on the Short Range Surface to Air Missile, which, once approved by the Government, will be co-developed and co-produced in India,†while noting that the defence ties were poised to reach a qualitatively new level. The Rs 30,000 crore worth of SR-SAM project is a co- development joint venture between India and France and would be developed by MBDA of France and DRDO from the Indian side. The surface to air missile defence system would be deployed by the IAF and the Navy. Hollande, also accompanied by a large contingent of French business leaders, including Dassault chief executive Eric Trappier, whose company is hoping to seal the deal to sell 126 Rafale warplanes to India in the world’s biggest defence contract currently under negotiation. On his part, Hollande said he has come to take the Indo-French strategic partnership to “yet another level†while noting that the defence cooperation reflects India’s trust for French technology and France’s trust for use of technology by India. “India is a country of peaceâ€, the French President added. The two sides also inked four pacts, including one in the field of railways.
Well well designed in France manufactured in India... They dont do anything but sill wud say MBDA and DRDO....
All due to failures of DREDOs .. Trishule has not taken off the ground for last 30 years... Somehow, they select the names of their weapon systems to denigrade Indian beliefs and faith. Trishule fails .. Huh... Now tell me why this joint venture after many DREDOs have gone home on pension earning hefty in the name of that reserch programme !! ??
are you by any chance a arms dealer or a middlemen or work as subcontractor for bigger defense firms and will benefit from these deals ?
wellllllll ...... not at all really ....... just saying welcome france, after saying mornin' to russia and usa .... and looking this way and that , wonderin' where good ol' uk has disappeared to ? ?? .......::shocked:
In the works for years, negotiations have been successfully concluded by India and France to develop and produce their proposed short-range surface to air missile (SR-SAM), designated 'Maitri'. This was revealed by the Indian Prime Minister yesterday after he met with visiting French President Hollande. More information on the SR-SAM programme from earlier posts: The partnership began in 2007 as part of the umbrella government-to-government agreement between India and France on missiles. The ownership of the Maitri programme will be fully Indian. With baseline technologies from the now defunct Trishul SAM programme, the Maitri programme basically envisages the sale of certain key technologies by MBDA to DRDO (seeker, endgame avionics, thrust vector control, propulsion modifications), though production will not be under a corporate joint venture on the lines of BrahMos, but would rather be carried out entirely by Bharat Dynamics Ltd (BDL), India's state-owned munitions production agency. The Maitri is being built in two basic variants -- a ship-borne point defence and tactical air defence version for the Navy and a land-based self-propelled (wheeled and tracked) launcher-based system for the Air Force and Army. http://livefist.blogspot.in/2013/02/finally-indo-french-sr-sam-agreement.html
