India, France sign $20bn deals

[CaptainJackSparrow]

India, France sign $20bn deals​

NEW DELHI: India and France on Monday unveiled plans for deals worth nearly $20 billion, almost twice the amount signed during US President Barack Obama's visit.

The major agreements signed during the four-day visit of French President Nicolas Sarkozy include a pact between French Energy major Areva and state-run Nuclear Power Corporation of India Ltd (NPCIL) for the supply of two nuclear reactors and fuel for 25 years. The deal is worth 7 billion euros ($9.3 billion).

Air India and Jet Airways signed agreements to lease aircraft from Airbus at an estimated cost of about $3.7 billion. French tyre company Michelin signed a deal to invest in a Tamil Nadu factory.

There are several large deals in the pipeline including plans to upgrade India's fleet of Mirage aircraft, jointly develop a fighter jet and surface-to-air missiles.

Areva, which signed an agreement for the construction of two nuclear reactors and supply of fuel with NPCIL, is open to the idea of the Indian public sector company investing in its mines, CEO Anne Lauvergeon said.

Areva owns uranium mines in Niger, Kazakhstan, Canada, Australia, South Africa and Mongolia, among other countries.

Read more: India, France sign $20bn deals - The Times of India India, France sign $20bn deals - The Times of India

India, France sign $20bn deals - The Times of India

 

[Myth_buster_1]

No wonder why Frenchies dropped thunder deal.

 

[Kinetic]

$ 10 billion during Obama
$ 20 billion during Sarkozy
$ 30 billion during Medvedev


Way to go! We need these to keep forward the economic and strategic developments of the country.

There are several large deals in the pipeline including plans to upgrade India's fleet of Mirage aircraft, jointly develop a fighter jet and surface-to-air missiles.

The SAM is Maitri SRSAM but what the fighter jet?

 

[JanjaWeed]

$ 10 billion during Obama
$ 20 billion during Sarkozy
$ 30 billion during Medvedev


Way to go!

david cameron did come before obama & signed some deals worth few million £s as well. next it's going to be chinese premier followed by russian president. that's 5 out P5s. are we seing a pettern here?? first three sang from the same hymn sheet. what can we expect from the remaining two??