➤ We all know that we need to purchase 114 fighter jets according to MMRCA 2.0 deal for Indian Air Force (IAF). And this deal is going to be late by it's time duration. As long as this deal is going late the more rumors are taking place about the deal.
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➤ 1st the rumor took place that India will cancel this MMRCA 2.0 deal and will repeat the order of 36 Rafael Fighter jets again but the strength of fighter jets are too low so India will not go with this order.
➤ 2nd rumor took place recently that due to lack of funds India will half the order of 114 fighter jets and now will only purchase 57 fighter jets. But these all are only rumors and nothing else. Because the biggest news agency of India ANI news agency had released some important updates about MMRCA 2.0 deal and which clarifies that above mentioned news are rumors only.
➤ We all know that MMRCA 2.0 is very big scale order and to sale 114 fighter jets at a time is going to be very big and dream project for any company as this order will completely change the future of any company. In-Fact after the CoVID-19 pandemic.png)
most of the companies are lagging with the orders and in this time if they will get this huge order than it will be the 180 degree change in the companies policies and because of that conditions world's best fighter jets companies are giving their back to back offers to Indian government.
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➤ Well the upper hand is in the Indian government that how they will react to these offers but the Indian government has put some conditions for this MMRCA 2.0 deal and for your reference you have a screen shot of THE TIMES OF INDIA article.
INDIAN GOVERNMENT CONDITION FOR MMRC 2.0 DEAL ➔
➤ According to this Indian Air Force (IAF) and Indian Government had decided that whichever company will select it has to produce or made 96 fighter jets out of 114 in India itself according to Made In India project which leads to a price of 1.5 Lakh crores.
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➤ The company has to sign a tender in such a way that 96 will made in India and remaining 18 will l they can make in their country or in any other country where they have their manufacturing plant. These 18 fighter jets India will Import.
➤ 2nd big decision is took place that first 18 fighter jets that India will import and first 36 fighter jets that will be made in India, for them India will do their payments in Partially Indian Rupees or In partially Foreign Currency. That means that out of 114 fighter jets for first 54 fighter jets India will pay dollars and in Indian rupees.
➤ For remaining 60 fighter jets company has to do a tie up with any Indian company and that Indian company will get the clear and important stand in this order. It is not like that, only to .png)
satisfy the Indian Government clause the foreign company will do a tie up and then will not share the states and technology with Indian company. It has to be clear and cut message from Indian government and India Air Force to act accordingly.
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➤ Indian government added that for the last 60 fighter jets that are going to made in India with the Indian company for that Indian Government will do the payments only in the Indian Rupees and this was the very crucial decision taken by the government to scale up the Indian Rupee in the lobal market. Well this decision will lead the position of Indian rupees in higher scale.