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Information made available to The Hindu shows that Prime Minister Narendra Modi’s decision to buy 36 #Rafale instead of 126 shot the price of each jet up by 41% | @nramind thehindu.com/news/national/…
Here's how and why: In 2007, the price per 'bare bones' Rafale jet quoted by Dassault was €79.3 million, and by 2011, escalation of costs had taken it to €100.85 million
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On April 10, 2015, PM Modi announced a decision to buy 36 Rafale fighter jets instead of 126. And in 2016, a 9% discount brought the price per aircraft down to €91.75 million.
But that is half the story. This meant that a €1.3-billion non-recurring cost for the ‘design and development’ of 13 India Specific Enhancements was now split among 36 jets instead of 126.
This puts the total price per aircraft at €127.86 million, a 41.42% increase from the 2007 price. 
Read @nramind report for more details on conflicts in the Indian Negotiating Team, and about a potent 'Eurofighter' leverage. thehindu.com/news/national/…
