Narendra Modi's upcoming visit to Paris. The PM will visit France on July 13 and 14 and is the guest of honour at the Bastille Day Parade. He will be accompanied by a business delegation of top CEOs.
Sources told ET that the announcement of 100% technology transfer for the Shakti engine that powers the Indian advanced light helicopters (ALH) could be a highlight of the trip. The engines are currently being made by Hindustan Aeronautics Ltd. A full technology transfer would lead to far-reaching benefits for Indian industry.
India has been looking to acquire helicopter engine technology as it has embarked on a self-dependence mission for rotary-wing aircraft. While smaller helicopters are being made domestically, the under-development Indian multi-role helicopter programme will further reduce imports. India is also looking to acquire 26 of the Rafale M combat aircraft that France has offered.
The decision to go ahead with an inter-governmental agreement (IGA) to acquire the fighter jets is likely to be cleared by the Defence Acquisition Council before the visit. Sources said DAC could clear the deal as an off-the-shelf purchase to meet the requirements of the Navy that has two operational aircraft carriers but not adequate fighter jets. An IGA model to purchase the fighters already exists, as the Air Force order for 36 Rafales followed the same route.
DAC is also likely to discuss the Navy requirement of submarines. It's expected to consider an offer from Mazgaon Dockyards to build additional three French-origin Scorpene class submarines. India has been looking for ways to augment its fleet as Russian-origin submarines are being retired after reaching the end of their service life.
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