French defence company Dassault Aviation today said it was "very confident" that three years of talks with India on the sale of 126 Rafales worth 12 billion euros would result in a deal.
Eric Trappier, chief executive of Dassault Aviation which manufactures Rafale, in an interview with BFM television, said talks were slow as India wanted some of the jets manufactured at home in a bid to boost defence manufacturing, meaning the details of every nut and bolt had to be agreed upon.
The negotiations have got into trouble recently, leading to delay in finalisation of the contract for supply of 126 fighter planes.