Business Week: “Dassault Aviation SA, seeking its first export order for Rafale fighters, will begin exclusive negotiations to supply 126 jets to India after being selected as the lowest bidder.
“The French company and India’s defense ministry will begin talks within 15 days, an Indian government official told reporters in New Delhi yesterday. Negotiations will probably extend beyond the March 31 end of India’s fiscal year.”
http://news.businessweek.com/article.asp?documentKey=1377-aQTsvG2MxPoI-73IQMDIULOJV791GE0FE2Q4NAD
This news is particularly disappointing to Mr Cameron who had paid a visit to India a couple of years ago and got reassurance that India will try and increase its trade with Britain. Presumably either the British supplier was not able to make as good an offer or the timing was just wrong (or both).
CHINDIA ALERT: You'll be living in their world, very soon 