With 60 to 70 per cent of its defence
and security equipment being imported
and an expenditure budget
for these acquisitions of 11.6 billion
euros for 2013-14, India is currently
one of the most attractive markets for
the major exporting countries, including
France, ranked fifth.
During the last decade, several
French businesses have been awarded
important contracts in India, including
the modernisation of 51 units of the
Mirage 2000, acquisition of 6 Scorpène
submarines accompanied by the sale of
36 Exocet SM-39 anti-ship missiles for an
announced amount of 2.4 billion euros.
France looks forward to new developments
in this privileged Franco-Indian
relationship and hopes for intended and
ongoing calls for tender for a supplementary
set of high-sea submarines, projection
and command ships, helicopters, artillery
material as well as the 126 Rafales
for which discussions are underway.
