100% price escalation on Rafale fighter aircraft to Rs 1.75 lakh crore likely to dent IAF's strike capability (info courtesy DNA India)

India’s biggest deal of procuring 126 medium multi-role combat aircraft (MMRCA) for $18 billion (Rs90,000 crore) has hit rough weather. Two years after French aircraft maker Dassault Aviation bagged the deal for its Rafale fighter jets on account of being the lowest bidder, its cost has now shot up by 100 per cent. ..........................

http://www.dnaindia.com/scitech/report-dna-exclusive-100pct-price-escalation-on-rafale-fighter-aircraft-to-rs-1-75-lakh-crore-likely-to-dent-iaf-s-strike-capability-1957107