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From the different contracts involving public and government sector companies that i worked on they genrally have the price escalation covered in the contract (the reasons include delays). If the current contract is due to a error in estimation of price increase (as DCNS was quoting near 2020...

Scorpene project will cost Rs 2,000cr more - India - NEWS - The Times of India

There are no light weight estimates in contracts this big, these are based on some very real calculations. When that goes wrong we have a gorshkov disaster. Kind of strange when you consider that - delay is not a reason for this price hike. - seller can only increase the price w.r.t the terms...

Scorpene project will cost Rs 2,000cr more - India - NEWS - The Times of India

They dont throw the same figures at each other for three years. There are active negotiations, and the quoted price considers every factor, including price escalations, inflation etc. that can happen, especially in a long term contract. Sellers have a defined plan, in which they will train the...

The price quotation happens as the last phase of a tender, and the prices are not agreed upon till the contracts were signed. One can observe this in the often changing price quotations for the proposed Mirage 2000 upgrades and the now signed contract for MiG-29 upgrades, the price would only...

EXACTLY it should be business no need of crying about all of this (we are your friends) before they get the contract. And i agree its business, so everytime someone goes on and on about how France or Russia go out of their way to help India. They should remember there is one reason and one...

The french know we are stuck with the scorps, the dwindling numbers in submarine force make sure that we can not cancle this tender. So lets bend over and let'em give to us. So much for France the friend of India.